424B2 1 d260092d424b2.htm PRICING SUPPLEMENT Pricing Supplement

Filed under Rule 424(b)(2), Registration Statement No. 333-159107

Pricing Supplement No. 16 - Dated Monday, November 21, 2011 (To: Prospectus Dated May 11, 2009 and Prospectus Supplement Dated May 13, 2011)

CUSIP     Gross   Net   Principal   Coupon   Coupon   Coupon   Maturity   1st Coupon   1st Coupon   Survivor’s   Product
Number   Selling Price   Concession   Proceeds   Amount   Type   Rate   Frequency   Date   Date   Amount   Option   Ranking

 

34540TBG6   100%   0.700%   $6,487,269.00   $6,533,000.00   Fixed   2.750%   Semi-Annual   11/20/2013   05/20/2012   $13.37   Yes   Senior Unsecured Notes

 

Redemption Information: Non-Callable

 

Note: As of the date of this Pricing Supplement, Ford Credit’s short- and long-term unsecured debt is rated non-investment grade by a number of credit rating agencies designated as nationally recognized statistical rating organizations by the Securities and Exchange Commission.

 

CUSIP     Gross   Net   Principal   Coupon   Coupon   Coupon   Maturity   1st Coupon   1st Coupon   Survivor’s   Product
Number   Selling Price   Concession   Proceeds   Amount   Type   Rate   Frequency   Date   Date   Amount   Option   Ranking

 

34540TBH4   100%   1.500%   $10,864,550.00   $11,030,000.00   Fixed   4.250%   Semi-Annual   11/20/2016   05/20/2012   $20.66   Yes   Senior Unsecured Notes

 

Redemption Information: Callable at 100% on 11/20/2012 and Semi-Annually thereafter with 30 Calendar Days Notice.

 

Note: As of the date of this Pricing Supplement, Ford Credit’s short- and long-term unsecured debt is rated non-investment grade by a number of credit rating agencies designated as nationally recognized statistical rating organizations by the Securities and Exchange Commission.

CUSIP     Gross   Net   Principal   Coupon   Coupon   Coupon   Maturity   1st Coupon   1st Coupon   Survivor’s   Product
Number   Selling Price   Concession   Proceeds   Amount   Type   Rate   Frequency   Date   Date   Amount   Option   Ranking

 

34540TBJ0   100%   2.200%   $3,731,070.00   $3,815,000.00   Fixed   5.000%   Semi-Annual   11/20/2021   05/20/2012   $24.31   Yes   Senior Unsecured Notes

 

Redemption Information: Callable at 100% on 11/20/2012 and Semi-Annually thereafter with 30 Calendar Days Notice.

 

Note: As of the date of this Pricing Supplement, Ford Credit’s short- and long-term unsecured debt is rated non-investment grade by a number of credit rating agencies designated as nationally recognized statistical rating organizations by the Securities and Exchange Commission.

 

 

 

LOGO

  

Trade Date: Monday, November 21, 2011 @ 12:00 PM ET

Settlement Date: Friday, November 25, 2011

Minimum Denomination/Increments: $1,000.00/$1,000.00

Initial trades settle flat and clear SDFS: DTC Book-Entry only

DTC Number 0235 via RBC Dain Rauscher Inc

 

If the maturity date or an interest payment date for any note is not a business day (as term is defined in prospectus), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment date.

 

Ford Credit Notes

$5,000,000,000

Ford Motor Credit Company LLC

Prospectus Dated: 5-11-09 and Prospectus

Supplement Dated: 5-13-11

Ford Credit Notes

 

Validity of the notes offered hereby:    In the opinion of Ford Credit’s counsel, when the notes offered by this pricing supplement have been executed and issued by Ford Credit and authenticated by the trustee pursuant to an Indenture dated as of February 1, 1985, as supplemented, between Ford Credit and The Bank of New York Mellon (the “Indenture”), and delivered against payment as contemplated herein, such notes will be valid and binding obligations of Ford Credit, enforceable in accordance with their terms. The opinion expressed above is subject to the qualifications that such counsel expresses no opinion as to the applicability of, compliance with, or effect of (i) any bankruptcy, insolvency, reorganization, fraudulent transfer, fraudulent conveyance, moratorium or other similar law or judicially developed doctrine in this area (such as substantive consolidation or equitable subordination) affecting the enforcement of creditors’ rights generally, (ii) general principles of equity (regardless of whether enforcement is considered in a proceeding in equity or at law) and (iii) public policy considerations which may limit the rights of parties to obtain certain remedies. This opinion is given as of the date hereof and is limited to the federal laws of the United States of America, the laws of the State of New York and the General Corporation Law of the State of Delaware. In addition, this opinion is subject to customary assumptions about the trustee’s authorization, execution and delivery of the Indenture and its authentication of the notes and the validity, binding nature and enforceability of the Indenture with respect to the trustee and other matters all as stated in the letter of such counsel dated November 10, 2011, which has been filed as an Exhibit to a Current Report on Form 8-K filed by Ford Credit on November 10, 2011.