FWP 1 a14-20339_2fwp.htm FWP

 

Free Writing Prospectus
Filed Pursuant to Rule 433

Registration Number 333-180342

 

Final Term Sheet

 

1.684% Notes due September 8, 2017

3.664% Notes due September 8, 2024

Floating Rate Notes due September 8, 2017

 

1.684% Notes due September 8, 2017

 

Issuer:

Ford Motor Credit Company LLC

 

 

Trade Date:

September 3, 2014

 

 

Settlement Date:

September 8, 2014 (T+3)

 

 

Stated Maturity:

September 8, 2017

 

 

Principal Amount:

$1,000,000,000

 

 

Interest Rate:

1.684%

 

 

Benchmark Treasury:

0.875% due August 15, 2017

 

 

Benchmark Treasury Yield and Price:

0.964%; 99-23 ¾

 

 

Spread to Benchmark Treasury:

+72 basis points

 

 

Yield to Maturity:

1.684%

 

 

Price to Public:

100.000% of principal amount plus accrued interest from the Settlement Date

 

 

Dealer’s Commission:

0.250%

 

 

Net Proceeds (Before Expenses) to Issuer:

$997,500,000 (99.750%)

 

 

Interest Payment Dates:

Semi-annually on each March 8 and September 8, beginning March 8, 2015

 

 

Joint Book-Running Managers:

BNP Paribas Securities Corp.
Citigroup Global Markets Inc.
Credit Suisse Securities (USA) LLC
Goldman, Sachs & Co.
HSBC Securities (USA) Inc.

 

 

Co-Managers:

ANZ Securities, Inc.
Commerz Markets LLC
Mizuho Securities USA Inc.
SG Americas Securities, LLC

 

 

CUSIP/ISIN:

345397WT6 / US345397WT68

 


 

3.664% Notes due September 8, 2024

 

Issuer:

Ford Motor Credit Company LLC

 

 

Trade Date:

September 3, 2014

 

 

Settlement Date:

September 8, 2014 (T+3)

 

 

Stated Maturity:

September 8, 2024

 

 

Principal Amount:

$750,000,000

 

 

Interest Rate:

3.664%

 

 

Benchmark Treasury:

2.375% due August 15, 2024

 

 

Benchmark Treasury Yield and Price:

2.394%; 99-26+

 

 

Spread to Benchmark Treasury:

+127 basis points

 

 

Yield to Maturity:

3.664%

 

 

Price to Public:

100.000% of principal amount plus accrued interest from the Settlement Date

 

 

Dealer’s Commission:

0.450%

 

 

Net Proceeds (Before Expenses) to Issuer:

$746,625,000 (99.550%)

 

 

Interest Payment Dates:

Semi-annually on each March 8 and September 8, beginning March 8, 2015

 

 

Joint Book-Running Managers:

BNP Paribas Securities Corp.

Citigroup Global Markets Inc.

Credit Suisse Securities (USA) LLC

Goldman, Sachs & Co.

HSBC Securities (USA) Inc.

 

 

Co-Managers:

ANZ Securities, Inc.

Commerz Markets LLC

Mizuho Securities USA Inc.

SG Americas Securities, LLC

 

 

CUSIP/ISIN:

345397WW9 / US345397WW97

 


 

Floating Rate Notes due September 8, 2017

 

In addition to the 1.684% Notes due September 8, 2017 and the 3.664% Notes due September 8, 2024 described in the preliminary prospectus supplement dated September 3, 2014, the issuer is also issuing a series of Floating Rate Notes due September 8, 2017. Please see the preliminary prospectus supplement dated September 3, 2014 and the accompanying prospectus dated March 26, 2012 for additional information. Certain of the terms of the Floating Rate Notes are described below.

 

Issuer:

Ford Motor Credit Company LLC

 

 

Trade Date:

September 3, 2014

 

 

Settlement Date:

September 8, 2014 (T+3)

 

 

Stated Maturity:

September 8, 2017

 

 

Principal Amount:

$650,000,000

 

 

Price to Public:

100.000% plus accrued interest from the Settlement Date

 

 

Dealer’s Commission:

0.250%

 

 

Net Proceeds (Before Expenses) to Issuer:

$648,375,000 (99.750%)

 

 

Interest Rate Basis:

Three-Month USD LIBOR

 

 

LIBOR Currency:

US dollars

 

 

Spread:

+52 basis points

 

 

Index Maturity:

Three months

 

 

Interest Rate Calculation:

Three-month USD LIBOR determined on the Interest Determination Date plus the Spread

 

 

Initial Interest Rate:

Three-Month USD LIBOR as of two London Business Days prior to the Settlement Date plus the Spread

 

 

Interest Reset Dates:

Quarterly on the 8th of March, June, September and December of each year prior to the Maturity Date, commencing December 8, 2014

 

 

Interest Determination Dates:

Quarterly, two London Business Days prior to each Interest Reset Date

 

 

Interest Payment Dates:

Interest will be paid quarterly on the 8th of March, June, September and December of each year, commencing December 8, 2014 and ending on the Maturity Date

 

 

Interest Payment Date Convention:

Modified, Following Adjusted

 

 

Day Count Convention:

Actual/360

 

 

Denominations:

Minimum denominations of $200,000 with increments of $1,000 thereafter

 


 

Joint Book-Running Managers:

BNP Paribas Securities Corp.

Citigroup Global Markets Inc.

Credit Suisse Securities (USA) LLC

Goldman, Sachs & Co.

HSBC Securities (USA) Inc.

 

 

Co-Managers

ANZ Securities, Inc.

Commerz Markets LLC
Mizuho Securities USA Inc.
SG Americas Securities, LLC

 

 

CUSIP/ISIN:

345397WU3 / US345397WU32

 

The issuer has filed a registration statement, including a prospectus and a preliminary prospectus supplement, with the SEC for the offering to which this communication relates.  Before you invest, you should read the prospectus and the preliminary prospectus supplement in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.  You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.  Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and the preliminary prospectus supplement (or, if available, the prospectus supplement) if you request it by calling BNP Paribas Securities Corp., toll free at 1-800-854-5674; Citigroup Global Markets Inc., toll-free at 1-800-831-9146; Credit Suisse Securities (USA) LLC, toll free at 1-800-221-1037; Goldman, Sachs & Co., toll-free at 1-866-471-2526 or HSBC Securities (USA) Inc., toll-free at 1-866-811-8049.