8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report: November 4, 2021

(Date of earliest event reported)

FORD MOTOR CREDIT COMPANY LLC

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of organization)

1-6368		38-1612444
(Commission File Number)		(IRS Employer Identification No.)
One American Road
Dearborn,	Michigan	48126
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code 313-322-3000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
0.623% Notes due June 28, 2023*	F/23E	New York Stock Exchange
1.355% Notes due February 7, 2025*	F/25I	New York Stock Exchange
3.021% Notes due March 6, 2024*	F/24M	New York Stock Exchange
4.535% Notes due March 6, 2025*	F/25K	New York Stock Exchange
3.350% Notes due Nine Months or More from the Date of Issue due August 20, 2026	F/26N	New York Stock Exchange
Floating Rate Notes due December 1, 2021*	F/21AQ	New York Stock Exchange
Floating Rate Notes due December 7, 2022*	F/22T	New York Stock Exchange
Floating Rate Notes due November 15, 2023*	F/23D	New York Stock Exchange
Floating Rate Notes due December 1, 2024*	F/24L	New York Stock Exchange
1.514% Notes due February 17, 2023*	F/23G	New York Stock Exchange
2.386% Notes due February 17, 2026*	F/26AB	New York Stock Exchange
4.125% Notes due June 20, 2024*	F/24O	New York Stock Exchange
2.330% Notes due November 25, 2025*	F/25L	New York Stock Exchange
3.683% Notes due December 3, 2024*	F/24Q	New York Stock Exchange
1.744% Notes due July 19, 2024*	F/24R	New York Stock Exchange
3.250% Notes due September 15, 2025*	F/25M	New York Stock Exchange
2.748% Notes due June 14, 2024*	F/24S	New York Stock Exchange

*Issued under Euro Medium-Term Notes due Nine Months or More from The Date of Issue Program

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

Ford Motor Company's (“Ford”) news release dated November 4, 2021 concerning Ford and Ford Motor Credit Company LLC's sustainable financing framework is filed as Exhibit 99 to this Report and incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.

EXHIBITS**

Designation	Description	Method of Filing
Exhibit 99	News release dated November 4, 2021	Filed with this Report
	of Ford Motor Company concerning
	the sustainable financing framework
Exhibit 104	Cover Page Interactive Data File	***
	(formatted in Inline XBRL)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		FORD MOTOR CREDIT COMPANY LLC
		(Registrant)
Date: November 4, 2021	By:	/s/ Lani M. Duffy
		Lani M. Duffy
		Assistant Secretary

**	Any reference in the attached exhibit(s) to Ford’s corporate website(s) and/or other social media sites or platforms, and the contents thereof, is provided for convenience only; such websites or platforms and the contents thereof are not incorporated by reference into this Report nor deemed filed with the Securities and Exchange Commission.
***	Submitted electronically with this Report in accordance with the provisions of Regulation S-T.

EX-99

NEWS For news releases, related materials and high-resolution photos and video, visit www.media.ford.com. www.facebook.com/ford www.medium.com/@ford www.twitter.com/ford www.instagram.com/ford Ford, Ford Credit Introduce Sustainable Financing Framework Prioritizing EV, Clean Production, Community Investments • First-of-its-kind framework among North America-based automakers supports Ford+ plan to grow, create value for customers, investors, other stakeholders • Will guide Ford’s leadership in sustainability and investments in four key areas, including developing battery electric vehicles and clean manufacturing • Framework achieved highest-possible ‘advanced’ rating from Vigeo Eiris, which is globally recognized for its assessments of ESG initiatives • Expected broader access to capital, plus separate tender offer to reduce high-cost debt, consistent with enhancing financial flexibility and returning to investment-grade credit ratings DEARBORN, Mich., Nov 4., 2021 – Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, today introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Separately, Ford today also announced a cash tender offer to repurchase up to $5 billion of the company’s higher-cost debt. Actions such as the debt tender offer and the issuance of 0% convertible notes earlier this year, together with anticipated broader access to capital from the new sustainable financing framework, are consistent with Ford’s objectives to further strengthen its balance sheet and financial flexibility and return its credit ratings to investment grade. “Winning businesses are financially healthy and lead in sustainability – it’s not a choice, they rely on each other,” said John Lawler, Ford’s CFO. “We’re again putting our money where our mouth is, prioritizing and allocating capital to environmental and social initiatives that are good for people, good for the planet, and good for Ford.” Today’s announcement was made on the fifth anniversary of the Paris Climate Agreement, as Ford executives joined world leaders, environmental advocates and other forward-looking companies at the United Nations Climate Change Conference (COP26) in Glasgow, Scotland. Among other expected benefits, initiatives outlined in Ford’s sustainable financing framework are intended to help the company become carbon neutral no later than 2050, in line with its commitment to the Paris Agreement. Ford was one of the first full-line U.S. automakers to pledge to reduce greenhouse gas emissions from its vehicles, operations and supply chain in alignment with goals of the accord. This pledge is backed by science-based interim targets the automaker intends to achieve by 2035. The potential positive environmental and social influence of projects described in Ford’s sustainable financing framework earned an “advanced” rating – the highest possible – from Vigeo Eiris. Vigeo Eiris, an arm of Moody’s Corp., makes independent assessments of organizations’ goals and performance against environmental, social and governance matters.

For news releases, related materials and high-resolution photos and video, visit www.media.ford.com. 2 Guided by aggressive environmental and social goals, a significant portion of related financing will go toward accelerating Ford’s leadership in electric vehicles. Objectives include expanding EV technology and charging infrastructure to remove obstacles to adoption and improve the customer experience, and EV and battery manufacturing to reduce emissions. “We’re going to build high-quality electric vehicles at scale and do so in a way that has a positive impact on people and the environment,” said Bob Holycross, Ford’s vice president, Sustainability, Environment and Safety Engineering. “In communities where air pollution and climate change are disproportionate burdens today, access to EVs can have the additional benefit of moving people to the front of the line for the health, economic and mobility benefits these vehicles can provide.” How Ford’s Sustainable Financing Framework Works The framework will cover a variety of both unsecured and securitization funding transactions, including ESG bonds issued by Ford and Ford Credit to finance environmental and social projects, and how Ford’s electrification and mobility projects will be evaluated and selected. The framework will also govern how the proceeds will be managed and how Ford and Ford Credit will report results. Funds will be fully allocated within 24 months of each sustainable financing issuance. Net proceeds from sustainable financing will be invested and expended in four areas: • Clean Transportation – Designing, developing and manufacturing zero-emissions transportation, focusing on battery electric vehicles and the batteries that power them across the full range of design, development, manufacturing and end-of-life. Examples include Ford’s recent announcement of the largest U.S. investment in electric vehicles at one time by an automotive manufacturer, together with SK Innovation, in new Tennessee and Kentucky mega-sites; collaborating with Redwood Materials on recycling options for scrap and end-of-life EVs and lithium-ion batteries; and offering financing products and wholesale loans to establish or improve the EV charging infrastructure. • Clean Manufacturing – Further reducing the environmental footprint of Ford’s operations through renewable energy, sustainable water and wastewater management, waste management, and energy-efficient buildings. As examples, Ford’s new advanced campuses in Tennessee and Kentucky will be designed to have as minimal an impact as possible – and even to generate beneficial effects – on the surrounding environment. • Making Lives Better – Advancing economic opportunity and equity for underrepresented and/or disadvantaged populations through projects to help widen Ford’s supplier and dealer diversity networks. The goal is to create programs and opportunities for businesses owned by minorities, women, military veterans and disabled people, and for women-focused community ventures and social enterprises that promote better health, develop critical skills, and support child and maternal health, education and disability support services. • Community Revitalization – Supporting and lifting disadvantaged communities by creating and renovating spaces to provide employment opportunities and access to essential services. One such project is Ford’s investment in redeveloping the historic Michigan Central Station and surrounding area to create a new mobility innovation district in Detroit’s Corktown neighborhood. The project is bringing together diverse

For news releases, related materials and high-resolution photos and video, visit www.media.ford.com. 3 thinkers and doers to help solve complex community challenges and improve access and equity for all. Ford’s sustainable financing framework aligns with its ambitious sustainability goals, as well as environmental and social principles and best practices established by the International Capital Market Association and the Loan Market Association. Those groups counsel transparency, disclosure, measuring impact and external reviews in sustainable financing. In addition to external verification, a new sustainable financing committee established within Ford will assure that funded projects comply with Ford’s corporate social responsibility strategic plan and otherwise meet eligibility criteria. The committee comprises senior representatives from Treasury, Sustainability, Corporate Finance, Investor Relations, Ford Credit and Legal. Committed to a Sustainable Future Ford’s extensive support of and leadership at COP26 will include joining with other signatories to the ambitious RouteZero initiative. Led by the international non-profit the Climate Group and the United Nations High-Level Climate Champions, RouteZero aims to reduce carbon associated with road transportation. More than 50 businesses, cities and regions have pledged to work together toward 100% zero-emission cars and vans globally by 2040, and in leading markets no later than 2035. Additionally, Ford’s Holycross will address high-level business representatives, financiers, government officials, policymakers, innovators, members of academia and environmental influencers at the World Climate Summit: The Investment COP on Nov. 7. The event is a leading forum for business- and investment-driven solutions to climate change convened by the World Climate Foundation. In his remarks, Holycross will focus on Ford’s substantial sustainability accomplishments to date, and how the company is focused on leading the electric revolution at scale. # # # About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for and deepen the loyalty of those customers. Ford designs, manufactures, markets and services a full line of connected, increasingly electrified passenger and commercial vehicles: Ford trucks, utility vehicles, vans and cars, and Lincoln luxury vehicles. The company is pursuing leadership positions in electrification, connected vehicle services and mobility solutions, including self-driving technology, and provides financial services through Ford Motor Credit Company. Ford employs about 184,000 people worldwide. More information about the company, its products and Ford Motor Credit Company is available at corporate.ford.com. Contacts: Fixed Income Media T.R. Reid Equity Investment Community Lynn Antipas Tyson Investment Community Karen Rocoff Shareholder Inquiries 1.800.555.5259 or 1.313.319.6683 1.914.485.1150 1.313.621.0965 1.313.845.8540 treid22@ford.com ltyson4@ford.com krocoff@ford.com stockinf@ford.com

XML

Document and Entity Information Document	Nov. 04, 2021
Document Information [Line Items]
Entity Central Index Key	0000038009
Amendment Flag	false
Entity Emerging Growth Company	false
Document Type	8-K
Document Period End Date	Nov. 04, 2021
Entity Incorporation, State or Country Code	DE
Entity Registrant Name	Ford Motor Credit Co LLC
Entity File Number	1-6368
Entity Tax Identification Number	38-1612444
Entity Address, Address Line One	One American Road
Entity Address, City or Town	Dearborn,
Entity Address, State or Province	MI
Entity Address, Postal Zip Code	48126
City Area Code	313
Local Phone Number	322-3000
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
F/23E [Member]
Document Information [Line Items]
Title of 12(b) Security	0.623% Notes due June 28, 2023*
Trading Symbol	F/23E
Security Exchange Name	NYSE
F/25i [Member]
Document Information [Line Items]
Title of 12(b) Security	1.355% Notes due February 7, 2025*
Trading Symbol	F/25I
Security Exchange Name	NYSE
F/24M [Member]
Document Information [Line Items]
Title of 12(b) Security	3.021% Notes due March 6, 2024*
Trading Symbol	F/24M
Security Exchange Name	NYSE
F/25K [Member]
Document Information [Line Items]
Title of 12(b) Security	4.535% Notes due March 6, 2025*
Trading Symbol	F/25K
Security Exchange Name	NYSE
F/26N [Member]
Document Information [Line Items]
Title of 12(b) Security	3.350% Notes due Nine Months or More from the Date of Issue due August 20, 2026
Trading Symbol	F/26N
Security Exchange Name	NYSE
F/24L [Member]
Document Information [Line Items]
Title of 12(b) Security	Floating Rate Notes due December 1, 2024*
Trading Symbol	F/24L
Security Exchange Name	NYSE
F/22T [Member]
Document Information [Line Items]
Title of 12(b) Security	Floating Rate Notes due December 7, 2022*
Trading Symbol	F/22T
Security Exchange Name	NYSE
F/23D [Member]
Document Information [Line Items]
Title of 12(b) Security	Floating Rate Notes due November 15, 2023*
Trading Symbol	F/23D
Security Exchange Name	NYSE
F/21AQ [Member]
Document Information [Line Items]
Title of 12(b) Security	Floating Rate Notes due December 1, 2021*
Trading Symbol	F/21AQ
Security Exchange Name	NYSE
F/23G [Member]
Document Information [Line Items]
Title of 12(b) Security	1.514% Notes due February 17, 2023*
Trading Symbol	F/23G
Security Exchange Name	NYSE
F/26AB [Member]
Document Information [Line Items]
Title of 12(b) Security	2.386% Notes due February 17, 2026*
Trading Symbol	F/26AB
Security Exchange Name	NYSE
F/25L [Member]
Document Information [Line Items]
Title of 12(b) Security	2.330% Notes due November 25, 2025*
Trading Symbol	F/25L
Security Exchange Name	NYSE
F/24O [Member]
Document Information [Line Items]
Title of 12(b) Security	4.125% Notes due June 20, 2024*
Trading Symbol	F/24O
Security Exchange Name	NYSE
F/24Q [Member]
Document Information [Line Items]
Title of 12(b) Security	3.683% Notes due December 3, 2024*
Trading Symbol	F/24Q
Security Exchange Name	NYSE
F/24R [Member]
Document Information [Line Items]
Title of 12(b) Security	1.744% Notes due July 19, 2024*
Trading Symbol	F/24R
Security Exchange Name	NYSE
F/25M
Document Information [Line Items]
Title of 12(b) Security	3.250% Notes due September 15, 2025*
Trading Symbol	F/25M
Security Exchange Name	NYSE
F/24S
Document Information [Line Items]
Title of 12(b) Security	2.748% Notes due June 14, 2024*
Trading Symbol	F/24S
Security Exchange Name	NYSE