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Ford Credit Canada Limited completes retail securitization transaction

Date Closed

January 22, 2010

Lead Office

Toronto

Value

510.00 Million CAD

On January 22, 2010, Ford Credit Canada Limited (“FCCL”) completed a retail loan securitization transaction, receiving proceeds of approximately C$510 million.  In order to carry out the transaction, Ford Auto Securitization Trust (the “Trust”), a master trust for which FCCL acts as the promoter, purchased a pool of retail conditional sale contracts from FCCL. 

McCarthy Tétrault LLP represented FCCL, with a team led by Dirk Rueter.

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