Ford Motor Credit Co. priced its revolving extended variable program ABS, Ford Credit Owner Trust 2014-REV1, today to strong investor demand.

According to an Interactive Data report the deal was upsized to $1 billion from $780 million. The five-year, triple-A notes priced at swaps plus 50 basis points and the five-year ‘AA’ notes priced at swaps plus 65 basis points.  

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