Ford's three-part unsecured debt offering worth $8 billion: IFR

  • 📰 Reuters
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Ford Motor Co will launch a three-part unsecured debt offering of $8 billion, yielding up to 9.6% on the 10-year loan, capital markets intelligence provider International Financing Review reported on Friday.

FILE PHOTO: Ford logo is pictured at the 2019 Frankfurt Motor Show in Frankfurt, Germany September 10, 2019. REUTERS/Wolfgang Rattay

- Ford Motor Co will launch a three-part unsecured debt offering of $8 billion, yielding up to 9.6% on the 10-year loan, capital markets intelligence provider International Financing Review reported on Friday. Ford said earlier in the day that it would tap debt markets to shore up its cash reserves as the coronavirus outbreak pummeled vehicles sales, but the automaker did not disclose the amount.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Couldn’t possibly do an equity issue. That would dilute the stock and make the executives‘ share option packages even more unattractive.

No solo las automotrices tendrán pérdidas, también la aviación civil y toda la industria transporte FordMX

Ford needs be carefull not to be a scratched badge like it's founding father who only had one model in ideal....The company needs grow up better than the rest like Fords Son with fantastic ideas...why should the others win?

How much is the company worth after the debts ?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ford warns of large surprise loss and revenue miss, but stock surgesFord Motor Co. undefined warned Friday of a large surprise loss and a revenue miss, but shares rose in premarket trading as part of a broader stock market... Let them die AnayasaNevzat GurayMollaoglu
Source: MarketWatch - 🏆 3. / 97 Read more »