Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Number 333-202789
Ford Motor Credit Company LLC
Final Term Sheet
2.425% Notes due 2020
Floating Rate Notes due 2020
2.425% Notes due 2020
Issuer: |
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Ford Motor Credit Company LLC |
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Trade Date: |
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June 7, 2017 |
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Settlement Date: |
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June 12, 2017 |
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Stated Maturity: |
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June 12, 2020 |
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Principal Amount: |
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$650,000,000 |
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Interest Rate: |
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2.425% |
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Benchmark Treasury: |
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1.500% due May 15, 2020 |
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Benchmark Treasury Yield and Price: |
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1.445%; 100-05 |
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Spread to Benchmark Treasury: |
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+98 basis points |
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Yield to Maturity: |
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2.425% |
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Price to Public: |
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100.000% of principal amount plus accrued interest from the Settlement Date |
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Underwriting Discount: |
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0.250% |
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Net Proceeds (Before Expenses) to Issuer: |
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$648,375,000 (99.750%) |
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Interest Payment Dates: |
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Semi-annually on each June 12 and December 12, beginning December 12, 2017 |
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Joint Book-Running Managers: |
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Banco Bradesco BBI S.A. Incorporated Morgan Stanley & Co. LLC |
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CUSIP/ISIN: |
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345397 YM9 / US345397YM97 |
Floating Rate Notes due 2020
Issuer: |
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Ford Motor Credit Company LLC |
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Trade Date: |
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June 7, 2017 |
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Settlement Date: |
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June 12, 2017 |
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Stated Maturity: |
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June 12, 2020 |
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Principal Amount: |
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$350,000,000 |
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Price to Public: |
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100.000% plus accrued interest from the Settlement Date |
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Underwriting Discount: |
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0.250% |
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Net Proceeds (Before Expenses) to Issuer: |
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$349,125,000 (99.750%) |
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Interest Rate Basis: |
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Three-Month USD LIBOR |
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LIBOR Currency: |
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US dollars |
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Spread: |
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+79 basis points |
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Index Maturity: |
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Three months |
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Interest Rate Calculation: |
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Three-month USD LIBOR determined on the Interest Determination Date plus the Spread |
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Initial Interest Rate: |
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Three-month USD LIBOR as of two London Business Days prior to the Settlement Date plus the Spread |
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Interest Reset Dates: |
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Quarterly on March 12, June 12, September 12 and December 12 of each year prior to the Maturity Date, commencing September 12, 2017 |
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Interest Determination Dates: |
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Quarterly, two London Business Days prior to each Interest Reset Date |
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Interest Payment Dates: |
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Interest will be paid quarterly on March 12, June 12, September 12 and December 12 of each year, commencing September 12, 2017 and ending on the Maturity Date |
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Interest Payment Date Convention: |
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Modified Following, Adjusted |
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Day Count Convention: |
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Actual/360 |
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Denominations: |
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Minimum denominations of $200,000 with increments of $1,000 thereafter |
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Joint Book-Running Managers: |
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Banco Bradesco BBI S.A. Incorporated Morgan Stanley & Co. LLC |
Co-Managers: |
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UniCredit Capital Markets LLC |
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CUSIP/ISIN: |
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345397 YN7 / US345397YN70 |
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 Banco Bradesco BBI S.A. at 1-212-888-9145, Citigroup Global Markets Inc. at 1-800-831-9146, Commerz Markets LLC at 1-800-233-9164, Deutsche Bank Securities Inc. at 1-800-503-4611, Merrill Lynch, Pierce, Fenner & Smith Incorporated at 1-800-294-1322 or Morgan Stanley & Co. LLC at 1-866-718-1649.