Ford has said that it is reducing its debt by US$4bn. The company intends to do this primarily by retiring debt owed to the UAW Retiree Medical Benefits Trust ahead of schedule. Ford will pay US$3.8bn in cash to the Trust by making scheduled debt payments due on Notes A and Subscribe to Automotive World … Continued
Ford has said that it is reducing its debt by US$4bn. The company intends to do this primarily by retiring debt owed to the UAW Retiree Medical Benefits Trust ahead of schedule.
Ford will pay US$3.8bn in cash to the Trust by making scheduled debt payments due on Notes A and
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https://www.automotiveworld.com/articles/82710-us-ford-reduces-debt-by-us-4bn/
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