In a recent SEC filing, Ford Credit Auto Owner Trust 2023-C (0001998559) 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 the offering of these securities. The filing suggests that Ford Credit Auto Owner Trust 2023-C is likely looking to raise funds through the issuance of asset-backed securities, which can provide the company with additional capital for various business purposes.
Ford Credit Auto Owner Trust 2023-C is a trust established by Ford Credit, the financial services arm of Ford Motor Company. Ford Credit provides a wide range of automotive financing products to dealers and customers, including retail installment sale contracts and leases. The trust is likely issuing asset-backed securities based on a pool of these financing contracts, allowing investors to participate in the cash flows generated by the underlying assets. For more information about Ford Credit Auto Owner Trust 2023-C, you can visit their website here.
Overall, the submission of the ABS-EE form by Ford Credit Auto Owner Trust 2023-C indicates a strategic financial move to raise capital through the issuance of asset-backed securities. This filing provides insights into the company’s financing activities and its efforts to optimize its capital structure. Investors and analysts may monitor further developments related to this filing to assess the impact on Ford Credit’s financial position and performance.
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Ford Credit Auto Owner Trust 2023-C (0001998559) Files ABS-EE Form with SEC
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