Ford Credit Auto Owner Trust 2023-C Files 2024 10-K
| Field | Detail |
|---|---|
| Company | Ford Credit Auto Owner Trust 2023-C |
| Form Type | 10-K |
| Filed Date | Mar 21, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: asset-backed-securities, auto-loans, sec-filing, annual-report
Related Tickers: F
TL;DR
Ford Credit Auto Owner Trust 2023-C filed its 2024 10-K. Auto loan ABS performance details inside.
AI Summary
Ford Credit Auto Owner Trust 2023-C filed its annual 10-K report for the fiscal year ending December 31, 2024. The filing details the performance and structure of auto loan asset-backed securities issued by the trust. The trust is administered by the Office of Structured Finance and is sponsored by Ford Motor Credit Company LLC.
Why It Matters
This filing provides crucial transparency into the performance of auto loan securitizations, impacting investors' understanding of risk and return for these asset-backed securities.
Risk Assessment
Risk Level: low — This is a standard annual filing for an asset-backed securities trust, providing routine financial and operational disclosures.
Key Numbers
- 2024 — Fiscal Year End (The report covers the performance up to December 31, 2024.)
- 333-258040-07 — Commission File Number (Identifies the specific SEC filing for the issuing entity.)
- 0001998559 — Central Index Key (Unique identifier for the issuing entity in the SEC's EDGAR system.)
Key Players & Entities
- Ford Credit Auto Owner Trust 2023-C (company) — Issuing entity
- December 31, 2024 (date) — Fiscal year end
- Ford Motor Credit Company LLC (company) — Sponsor
- Ford Credit Auto Receivables Two LLC (company) — Depositor
- Office of Structured Finance (company) — Administrator
FAQ
What is the primary purpose of the Ford Credit Auto Owner Trust 2023-C?
The primary purpose is to hold auto loan receivables and issue asset-backed securities backed by these receivables, as detailed in its 10-K filing.
Who is the sponsor of the Ford Credit Auto Owner Trust 2023-C?
Ford Motor Credit Company LLC is the sponsor of the Ford Credit Auto Owner Trust 2023-C, as stated in the filing.
What fiscal year does this 10-K report cover?
This 10-K report covers the fiscal year ended December 31, 2024.
What type of assets are securitized by this trust?
The trust securitizes auto loans, as indicated by the 'ABS ASSET CLASS: Auto loans' information in the filing.
Where is the business address for the administrator of the trust?
The business address is C/O FORD MOTOR CO, WHQ STE 801-C1, ONE AMERICAN ROAD, DEARBORN, MI 48126.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 21, 2025 regarding Ford Credit Auto Owner Trust 2023-C.