Ford Auto Securitization Trust II completes private placement of 2022-A Asset Backed Notes
October 25, 2022
On October 25, 2022, Ford Credit Canada Company completed its private placement of Series 2022-A Asset Backed Notes by Ford Auto Securitization Trust II.
Ford Auto Securitization Trust II was established to finance the acquisition of pools of receivables from Ford Credit Canada Company consisting of retail conditional sales contracts that are entered into between retail customers and motor vehicle dealers in Canada for the financing of purchased vehicles and purchased by Ford Credit Canada Company from the dealers.
McCarthy Tétrault LLP advised Ford Credit Canada Company II with a team led by Jo-Anna Brimmer that included Mary Jeanne Phelan, Daryna Kutsyna, and Rebecca Ferguson (Business).