OpenBook Auction Terms: Ford Motor Credit Company
HSBC, WR Hambrecht + Co, and UBS Warburg LLC are the underwriters for the offering.
A copy of the prospectus can be obtained from Debt Capital Markets, WR Hambrecht
+ Co, 1 World Trade Center, Suite 3311, New York, NY 10048.
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Final Terms
Ford Motor Credit Company, US $750 million, 3-year
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Issuer
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Ford Motor Credit Company
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Issue Size
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US $750 million
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Maturity
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03/20/04
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Coupon Rate
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6.125% |
Price |
99.959% |
Yield |
6.140% |
Clearing Spread |
160 bps |
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Settlement Dates
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Corporate: 03/20/01
Benchmark Treasury: 03/16/01
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Issue Date
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03/15/01
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Settlement Terms
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Flat
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Type of Issue
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Senior Unsecured Notes
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Coupon Dates
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March 20; Sept 20, commencing Sept 20, 2001
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Structure
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Non-Call Life
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Format
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Book Entry DTC/Euroclear/Clearstream Banking
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Rating
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A2(Outlook: Stable)/A(Outlook: Negative)
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Benchmark Treasury
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5.75% due Nov 15, 2005 (CUSIP 9128276N7)
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Benchmark Treasury Sale
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Investors can sell up to 110% of the notional amount of their award up
to 20 minutes after auction close
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Maximum Benchmark Rate
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4.80% (auction may be cancelled if benchmark yield exceeds this rate)
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| Minimum/Maximum
Spread |
145 - 165 bps
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Protected
Spread |
5 bps
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Auction Date/Time
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March 15, 2001 / 10:00AM - 12:00PM EST
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Pricing Time
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Approximately 12:30PM EST
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Maximum Purchase Limit
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The lower of your purchase limit or $250.0 million
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Minimum/Multiple
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Competitive: $1,000,000/$1,000
Non-Competitive: $1,000/$1,000
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Listed
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N/A
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Soft Dollar Terms
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20% on all winning bids time-stamped in the first 20 minutes; 5% on all
other winning bids
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Joint-lead Managers
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HSBC
WR Hambrecht + Co
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Co-Manager
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UBS Warburg LLC
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Clearing Agent
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HSBC
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