Date Closed

April 25, 2023

Lead Office

Toronto

Value

580.20 Million CAD

On April 25, 2023, Ford Credit Canada Company completed its C$580.2 million private placement of Series 2023-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 advised Ford Credit Canada Company with a team led by Jo-Anna Brimmer that included Mary Jeanne Phelan, Daryna Kutsyna, Laaiba Nawal, and Britney Schyf (Business).