Ford Auto Securitization Trust completes a C$742.5M private placement of notes.

On October 27, 2020, Ford Auto Securitization Trust completed a C$742.5 million private placement of notes. 

Ford Auto Securitization Trust 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 FAST with a team led by Jo-Anna Brimmer that included Katya Popoff, Victoria Zed, Dirk Rueter, Vivian Sy, Robert Nearing, Steve Marshall, and Mary Jeanne Phelan.