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US: Ford to repay US$1.8bn of debt

Ford has confirmed that it has notified lenders that it plans to repay the remaining US$1.8bn balance on its term loan maturing in 2013. According to Bloomberg, the repayment will be made on 15 September. As of 30 June 2011, Ford had outstanding US$1.8bn of term loans under its Secured Credit Agreement maturing It’s time to … Continued

Ford has confirmed that it has notified lenders that it plans to repay the remaining US$1.8bn balance on its term loan maturing in 2013.

According to Bloomberg, the repayment will be made on 15 September.

As of 30 June 2011, Ford had outstanding US$1.8bn of term loans under its Secured Credit Agreement maturing

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