In a recent SEC filing, Ford Credit Auto Owner Trust 2021-A submitted an ABS-EE form, indicating a significant financial move by the company. ABS-EE forms are typically used by asset-backed securities issuers to register offerings of these securities. The submission of this form suggests that Ford Credit Auto Owner Trust 2021-A is looking to raise capital by issuing asset-backed securities, which are backed by a pool of assets such as auto loans.
Ford Credit Auto Owner Trust 2021-A is a subsidiary of Ford Motor Credit Company, LLC, which is the financial services arm of Ford Motor Company. Ford Credit provides financing options to Ford customers to help them purchase or lease vehicles. By issuing asset-backed securities, Ford Credit Auto Owner Trust 2021-A is able to raise funds through the capital markets, which can then be used to provide financing to customers looking to buy or lease Ford vehicles.
For more information about Ford Credit Auto Owner Trust 2021-A and its parent company, Ford Motor Credit Company, LLC, you can visit their website at Ford Credit.
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Ford Credit Auto Owner Trust 2021-A (0001843634) Files ABS-EE Form with SEC
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