Quantcast

Ford pushes Motown ABCP liquidity backstop down to zero percent

Following the successful reception of the new Motown dealer floorplan conduit and issuance vehicle from Ford Motor Credit, the issuer plans to take the uniquely low liquidity backstop even lower, sources close to the situation confirmed.

The single-seller conduit structure, which offers issuers the ability to fund with only...

To continue reading, log in, register or subscribe below.Calendars are available to registered users of The Bond Buyer web site.
Please log in below with the credentials you established at the time of your subscription or when you set up a free trial. If you have never set up an account with The Bond Buyer, please click the "Free trial" link below to set up your account.

Already a subscriber? Log in here.

Please note you must now log in with your email address and password.

 

Upcoming Events

Already a subscriber? Log in here
Please note you must now log in with your email address and password.