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Ford Credit hits half of annual funding target in Q1

Captive issued $12 billion in secured and unsecured debt

Joey Pizzolato

Ford Credit completed half of its annual funding plan in the first quarter despite rising interest rates that are compressing interest margins and increasing credit losses as the Federal Reserve continues to combat inflation. Ford Credit in Q1 issued $12 billion of debt in the capital markets — $6 billion secured and $6 billion unsecured […]

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