Deals & Cases

Ford Credit issues bond with a volume of CHF 230m

4 December 2020 – On 4 December 2020, Ford Motor Credit Company LLC issued a CHF 230,000,000 straight bond with a maturity date in 2023 and a coupon of 2.125%. The Notes will be listed on the SIX Swiss Exchange and have been issued, as one of the few transaction so far, under the new regime of the Swiss Financial Services Act. Credit Suisse acted as Lead Manager together with Commerzbank and Deutsche Bank AG London Branch as Managers. This is the first transaction by Ford Credit in the Swiss capital market after a 19 year absence.

Walder Wyss advised Ford Motor Credit Company LLC on all Swiss legal and tax aspects of this transaction. The team included Lukas Wyss (Partner, Finance), Johannes A. Bürgi (Partner, Finance), Maurus Winzap (Partner, Tax), Roger Ammann (Managing Associate, Finance), Valentin Wiesner (Associate, Finance) and Viktoriya Chernaya (Trainee Lawyer, Finance).