US: Ford improves financial flexibility

To enhance liquidity and financial flexibility, Ford has completed an amendment and extension of its revolving credit facility, with its revolving lenders agreeing to extend the maturity of commitments totalling US$9bn to 30 November 2015, from 30 November 2013. Prior to the amendment, revolving lenders had commitments under the revolving credit Subscribe to Automotive World … Continued

• By Webmaster
• March 16, 2012