Obligation Ford Credit 8% ( US345397VC43 ) en USD

Ford Credit

100 % ⇌

Etas-Unis

US345397VC43 ( en USD )

8% par an ( paiement semestriel )

15/12/2016 - Obligation échue

Prospectus brochure de l'obligation Ford Motor Credit Company US345397VC43 en USD 8%, échue

100 000 USD

1 500 000 000 USD

345397VC4

BBB ( Qualité moyenne inférieure )

Baa2 ( Qualité moyenne inférieure )

Ford Motor Credit Company (FMC) est une filiale de Ford Motor Company qui fournit des services de financement automobile, notamment des prêts et des locations aux consommateurs et aux concessionnaires Ford.

L'Obligation émise par Ford Credit ( Etas-Unis ) , en USD, avec le code ISIN US345397VC43, paye un coupon de 8% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 15/12/2016

L'Obligation émise par Ford Credit ( Etas-Unis ) , en USD, avec le code ISIN US345397VC43, a été notée Baa2 ( Qualité moyenne inférieure ) par l'agence de notation Moody's.

L'Obligation émise par Ford Credit ( Etas-Unis ) , en USD, avec le code ISIN US345397VC43, a été notée BBB ( Qualité moyenne inférieure ) par l'agence de notation Standard & Poor's ( S&P ).

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424B2 1 k10542b2e424b2.htm PROSPECTUS SUPPLEMENT PURSUANT TO RULE 424(B)(2)
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Table of Contents

Filed Pursuant to Rule 424(b)(2)

File No. 333-132557
PROSPECTUS SUPPLEMENT
(To Prospectus dated March 17, 2006)
$3,000,000,000
Ford Motor Credit Company
$1,500,000,000 Floating Rate Notes due January 13, 2012
$1,500,000,000 8% Notes due December 15, 2016

The Floating Rate Notes (the "Floating Rate Notes") will bear interest at a floating rate equal to the Three-Month
LIBOR Rate, reset quarterly, plus 275 basis points (2.75%), from December 18, 2006 (the "Issue Date" for the
Floating Rate Notes and the Fixed Rate Notes, as defined below). Ford Credit will pay interest on the Floating Rate
Notes quarterly in arrears on the 13th day of January, April, July and October of each year, beginning April 13, 2007.

The 8% Notes (the "Fixed Rate Notes" and, together with the Floating Rate Notes, the "Notes") will bear interest
from the Issue Date. Ford Credit will pay interest on the Fixed Rate Notes semi-annually in arrears on June 15 and
December 15 of each year, beginning June 15, 2007.
Investing in the Notes involves risks. See "Risk Factors" on page S-3 of this prospectus supplement and
"Risk Factors" beginning on page 1 of the accompanying prospectus.
Neither the Securities and Exchange Commission nor any state securities commission has approved or
disapproved of these securities or passed upon the adequacy or accuracy of this Prospectus Supplement and the
accompanying Prospectus. Any representation to the contrary is a criminal offense.

Per Floating

Per Fixed

Rate Note

Total

Rate Note

Total

Initial public offering price

98.758%
$1,481,370,000
98.322%
$1,474,830,000
Underwriting discounts and commissions

0.650%
$
9,750,000
1.125%
$
16,875,000
Proceeds, before expenses, to Ford Credit

98.108%
$1,471,620,000
97.197%
$1,457,955,000

The initial public offering price above does not include accrued interest. Interest on each series of the Notes will
accrue from the Issue Date and must be paid by the purchasers if the Notes are delivered to the purchasers after that
date. Ford Credit expects that delivery of the Notes will be made to investors on or about December 18, 2006 (the
"Settlement Date").
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Deutsche Bank Securities

Goldman, Sachs & Co.

Lehman Brothers

Merrill Lynch & Co.

Morgan Stanley
Prospectus Supplement dated December 11, 2006
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TABLE OF CONTENTS
Prospectus Supplement

Page

Risk Factors

S-3
Description of Notes

S-3
United States Taxation of Non-United States Persons

S-5
Underwriting

S-8
Legal Opinions

S-12

Prospectus
Risk Factors

1
Where You Can Find More Information

1
Information Concerning Ford Credit

2
Ford Credit Capital Trusts

3
Ratio of Earnings to Fixed Charges

4
Use of Proceeds

4
Prospectus

4
Prospectus Supplement or Term Sheet

5
Description of Debt Securities

5
Description of Warrants

21
Description of Trust Preferred Securities

22
Description of Preferred Securities Guarantees

25
Plan of Distribution

28
Legal Opinions

28
Independent Registered Public Accounting Firm

28

You should rely only on the information contained or incorporated by reference in this Prospectus
Supplement or the accompanying Prospectus. No one is authorized to provide you with different information.
The Notes are not being offered in any jurisdiction where the offer is not permitted.
You should not assume that the information in this Prospectus Supplement or the accompanying
Prospectus is accurate as of any date other than the date on the front of the documents.
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Table of Contents
RISK FACTORS
Before purchasing any Notes, you should read carefully this prospectus supplement, the accompanying
prospectus, the documents incorporated by reference herein and the following description of risks. For additional risk
factors regarding Ford and Ford Credit, see the risk factors discussions in Ford Credit's 2005 Annual Report on
Form 10-K/A.
DESCRIPTION OF NOTES
This description of the terms of the Notes adds information to the description of the general terms and provisions
of debt securities in the Prospectus. If this summary differs in any way from the summary in the Prospectus, you
should rely on this summary. The Notes are part of the debt securities registered by Ford Credit in March 2006 to be
issued on terms to be determined at the time of sale. In addition to the Notes offered hereby, debt securities in the
aggregate principal amount of approximately $4,000,000,000 previously have been designated for sale or have been
sold under this registration statement.
The Floating Rate Notes
The Floating Rate Notes will initially be limited to $1,500,000,000 aggregate principal amount, will be unsecured
obligations of Ford Credit and will mature on January 13, 2012 (the "Floating Rate Maturity Date"). The Floating
Rate Notes are not redeemable prior to maturity and do not provide for any sinking fund. The Floating Rate Notes
will be issued in minimum denominations of $100,000 and will be issued in integral multiples of $1,000 for higher
amounts.
Ford Credit may, from time to time, without the consent of the holders of the Floating Rate Notes, issue
additional notes having the same ranking and the same interest rate, maturity and other terms as the Floating Rate
Notes. Any such additional notes will, together with the Floating Rate Notes, constitute a single series of notes under
the Indenture. No additional Floating Rate Notes may be issued if an Event of Default has occurred with respect to
the Floating Rate Notes.
The Floating Rate Notes will bear interest from the Issue Date at a floating rate determined in the manner
provided below, payable on January 13, April 13, July 13 and October 13 of each year (each such day a "Floating
Rate Interest Payment Date"), commencing April 13, 2007, to the persons in whose names the Floating Rate Notes
were registered at the close of business on the 15th day preceding the respective Floating Rate Interest Payment Date,
subject to certain exceptions.
The per annum interest rate on the Floating Rate Notes (the "Floating Interest Rate") in effect for each day of an
Interest Period (as defined below) will be equal to the Three-Month LIBOR Rate plus 275 basis points (2.75%). The
Floating Interest Rate for the initial Interest Period (as defined below) will be 8.11% per annum. Thereafter, the
Floating Interest Rate for each Interest Period for the Floating Rate Notes will be set on the 13th day of the months of
January, April, July and October of each year (each such date an "Interest Reset Date") until the principal on the
Floating Rate Notes is paid or made available for payment. The applicable interest rate will be determined two
LIBOR Business Days prior to each Interest Reset Date (each such date, an "Interest Determination Date"). If any
Interest Reset Date (other than the initial Interest Reset Date occurring on the Issue Date) and Floating Rate Interest
Payment Date for the Floating Rate Notes would otherwise be a day that is not a LIBOR Business Day, such Interest
Reset Date and Floating Rate Interest Payment Date shall be the next succeeding LIBOR Business Day, unless the
next succeeding LIBOR Business Day is in the next succeeding calendar month, in which case such Interest Reset
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Date and Floating Rate Interest Payment Date shall be the immediately preceding LIBOR Business Day.
"LIBOR Business Day" means any day that is not a Saturday or Sunday and that, in The City of New York or the
City of London, is not a day on which banking institutions are generally
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Table of Contents
authorized or obligated by law to close. "Interest Period" shall mean the period from and including an Interest Reset
Date or, in the case of the initial Interest Period, from the Issue Date to but excluding the next succeeding Interest
Reset Date and, in the case of the last such period, from and including the Interest Reset Date immediately preceding
the Floating Rate Maturity Date to but not including such Floating Rate Maturity Date. If the Floating Rate Maturity
Date is not a LIBOR Business Day, then the principal amount of the Floating Rate Notes plus accrued and unpaid
interest thereon shall be paid on the next succeeding Business Day and no interest shall accrue for the Floating Rate
Maturity Date, or any day thereafter. "Business Day" shall mean any day that is not a Saturday or Sunday and that, in
The City of New York, is not a day on which banking institutions are generally authorized or obligated by law to
close.
The "Three-Month LIBOR Rate" shall mean the rate determined in accordance with the provisions described in
the accompanying prospectus for LIBOR Telerate with an Index Maturity of three months.
The amount of interest for each day that the Floating Rate Notes are outstanding (the "Daily Interest Amount")
will be calculated by dividing the Floating Interest Rate in effect for such day by 360 and multiplying the result by
the principal amount of the Floating Rate Notes. The amount of interest to be paid on the Floating Rate Notes for any
Floating Rate Interest Period will be calculated by adding the Daily Interest Amounts for each day in such Floating
Rate Interest Period.
The Floating Interest Rate on the Floating Rate Notes will in no event be higher than the maximum rate permitted
by New York law as the same may be modified by United States law of general application.
The Floating Interest Rate and amount of interest to be paid on the Floating Rate Notes for each Floating Rate
Interest Period will be determined by the calculation agent. All calculations made by the calculation agent shall in the
absence of manifest error be conclusive for all purposes and binding on Ford Credit and the holders of the Floating
Rate Notes. So long as the Three-Month LIBOR Rate is required to be determined with respect to the Floating Rate
Notes, there will at all times be a calculation agent. In the event that any then acting calculation agent shall be unable
or unwilling to act, or that such calculation agent shall fail duly to establish the Three-Month LIBOR Rate for any
Interest Period, or that Ford Credit proposes to remove such calculation agent, Ford Credit shall appoint itself or
another person which is a bank, trust company, investment banking firm or other financial institution to act as the
calculation agent.
The Fixed Rate Notes
The Fixed Rate Notes will initially be limited to $1,500,000,000 aggregate principal amount, will be unsecured
obligations of Ford Credit and will mature on December 15, 2016 (the "Fixed Rate Maturity Date"). The Fixed Rate
Notes are not subject to redemption prior to maturity. The Fixed Rate Notes will be issued in minimum
denominations of $100,000 and will be issued in integral multiples of $1,000 for higher amounts.
Ford Credit may, from time to time, without the consent of the holders of the Fixed Rate Notes, issue additional
notes having the same ranking and the same interest rate, maturity and other terms as the Fixed Rate Notes. Any such
additional notes will, together with the Fixed Rate Notes, constitute a single series of notes under the Indenture. No
additional Fixed Rate Notes may be issued if an Event of Default has occurred with respect to the Fixed Rate Notes.
The Fixed Rate Notes will bear interest from the Issue Date. Interest on the Fixed Rate Notes will be payable on
June 15 and December 15 of each year (each such day a "Fixed Rate Interest Payment Date"), commencing June 15,
2007, to the persons in whose names the Fixed Rate Notes were registered at the close of business on the 15th day
preceding the respective Fixed Rate Interest Payment Date, subject to certain exceptions.
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Interest on the Fixed Rate Notes will be computed on the basis of a 360-day year comprised of twelve 30-day
months.
Book-Entry, Delivery and Form
Each series of the Notes will be issued in the form of one or more fully registered Global Notes (the "Global
Notes") which will be deposited on the Settlement Date with, or on behalf of, The Depository Trust Company, New
York, New York (the "Depository") and registered in the name of Cede & Co., the Depository's nominee. Notes in
definitive form will not be issued, unless the Depository notifies Ford Credit that it is unwilling or unable to continue
as depository for the Global Notes and Ford Credit fails to appoint a successor depository within 90 days or unless
otherwise determined, at Ford Credit's option. Beneficial interests in the Global Notes will be represented through
book-entry accounts of financial institutions acting on behalf of beneficial owners as direct and indirect participants
in the Depository.
Initial settlement for each series of the Notes will be made in immediately available funds. Secondary market
trading between participants of the Depository will occur in the ordinary way in accordance with Depository rules
and will be settled in immediately available funds using the Depository's Same-Day Funds Settlement System.
UNITED STATES TAXATION OF NON-UNITED STATES PERSONS
Income and Withholding Tax
In the opinion of Shearman & Sterling LLP, special tax counsel to Ford Credit, and counsel for the Underwriters,
under United States federal tax law as of the date of this Prospectus Supplement, and subject to the discussion of
backup withholding below:

(i) payments of principal and interest on a Note that is beneficially owned by a non-United States person will
not be subject to United States federal withholding tax; provided, that in the case of interest, (x) (a) the beneficial
owner does not actually or constructively own 10% or more of the total combined voting power of all classes of
stock of Ford Credit entitled to vote, (b) the beneficial owner is not a controlled foreign corporation that is
related, directly or indirectly, to Ford Credit through stock ownership, and (c) either (A) the beneficial owner of
the Note certifies to the person otherwise required to withhold United States federal income tax from such
interest, under penalties of perjury, that it is not a United States person and provides its name and address or (B) a
securities clearing organization, bank or other financial institution that holds customers' securities in the ordinary
course of its trade or business (a "financial institution") and holds the Note certifies to the person otherwise
required to withhold United States federal income tax from such interest, under penalties of perjury, that such
statement has been received from the beneficial owner by it or by a financial institution between it and the
beneficial owner and furnishes the payor with a copy thereof; (y) the beneficial owner is entitled to the benefits of
an income tax treaty under which the interest is exempt from United States federal withholding tax and the
beneficial owner of the Note or such owner's agent provides an IRS Form W-8BEN claiming the exemption; or
(z) the beneficial owner conducts a trade or business in the United States to which the interest is effectively
connected and the beneficial owner of the Note or such owner's agent provides an IRS Form W-8ECI; provided
that in each such case, the relevant certification or IRS Form is delivered pursuant to applicable procedures and is
properly transmitted to the person otherwise required to withhold United States federal income tax, and none of
the persons receiving the relevant certification or IRS Form has actual knowledge that the certification or any
statement on the IRS Form is false;

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(ii) a non-United States person will not be subject to United States federal income or withholding tax on any
gain realized on the sale, exchange or redemption of a Note unless
S-5
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Document Outline

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