According to a Bloomberg report, Ford is currently marketing US$1bn of bonds backed by auto loans. An offering, issued through the OEM's Motor Credit finance arm, may be initiated very shortly according to an unnamed source said to be familiar with the deal. Ford last marketed similar debt in mid-July 2011, Subscribe to Automotive World … Continued
According to a Bloomberg report, Ford is currently marketing US$1bn of bonds backed by auto loans. An offering, issued through the OEM's Motor Credit finance arm, may be initiated very shortly according to an unnamed source said to be familiar with the deal.
Ford last marketed similar debt in mid-July 2011,
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https://www.automotiveworld.com/articles/91571-us-ford-poised-for-us-1bn-of-bond-sales-report/
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