China/US: Ford raises US$158m with ‘dim sum’ bond

Ford has completed its first yuan-denominated debt issuance in Hong Kong, raising Yuan 1bn (US$$158m) that will be loaned by the OEM to Ford Motor (China), Ltd, for general corporate purposes. Approval to lend the proceeds to Ford Motor (China) on the mainland was given by regulators in China prior Subscribe to Automotive World to … Continued

Ford has completed its first yuan-denominated debt issuance in Hong Kong, raising Yuan 1bn (US$$158m) that will be loaned by the OEM to Ford Motor (China), Ltd, for general corporate purposes. Approval to lend the proceeds to Ford Motor (China) on the mainland was given by regulators in China prior

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https://www.automotiveworld.com/articles/92626-china-us-ford-raises-us-158m-with-dim-sum-bond/

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