Ford Credit Canada files $3 billion shelf prospectus and establishes $2.5 billion MTN program

Ford Credit Canada Limited filed a short-form shelf prospectus dated December 6, 2002, in respect of the sale of up to $3 billion of unsecured debt securities, unconditionally guaranteed by Ford Motor Credit Company. In conjunction with the shelf prospectus, Ford Credit Canada concurrently filed a prospectus supplement dated December 6, 2002 establishing a $2.5 billion medium term note program. Under the medium term note program, Scotia Capital Inc. has been appointed as agent with respect to the sale of medium term notes primarily to retail accounts, and Scotia Capital Inc., BMO Nesbitt Burns Inc., Merrill Lynch Canada Inc., RBC Dominion Securities Inc. and TD Securities Inc. have been appointed as agents for the sale of medium term notes primarily to non-retail accounts.

Ford Credit Canada and Ford Motor Credit Company were represented in-house by Stacy Thomas and Emily Smith-Sulfaro. Ford Credit Canada was represented in Canada by Fasken Martineau, with a team of Leslie Rose, Elizabeth Johnson, John Sabetti and Aaron Stefan.