UPDATE 2 -Ford Motor Credit to sell $1 bln 10-year notes

Newswire

(Adds byline. Recasts lead, adds background throughout) By Dena Aubin NEW YORK, Nov 17 (Reuters) - Ford Motor Credit Co. plans to sell $1 billion of 10-year notes as early as Monday, taking advantage of strong demand after winning a stable rating outlook from a leading rating agency last week. The issue from the finance arm of auto giant Ford Motor Co. is expected to be priced at yields of 2.57 to 2.60 percentage points more than comparable U.S. Treasuries, market sources said. The ...

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