Ford Auto Securitization Trust completes private placement of 2021-A Asset Backed Notes
October 26, 2021
On October 26, 2021, Ford Credit Canada Company completed its private placement of Series 2021-A Asset Backed Notes by Ford Auto Securitization Trust.
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 LLP advised Ford Credit Canada Company with a team led by Jo-Anna Brimmer that included Mary Jeanne Phelan, Ekaterina Popoff, Daryna Kutsyna, and Rebecca Ferguson (Business).