Ford has issued US$1.5bn of bonds in what is its first benchmark issue since the OEM regained investment-grade ratings from Moody's Investors Service in May 2012. Ford Motor Credit, the OEM's financing unit, issued 5-year notes to yield 230 basis points more than similar-maturity Treasuries. The coupon was set at 3% Subscribe to Automotive World … Continued
Ford has issued US$1.5bn of bonds in what is its first benchmark issue since the OEM regained investment-grade ratings from Moody's Investors Service in May 2012.
Ford Motor Credit, the OEM's financing unit, issued 5-year notes to yield 230 basis points more than similar-maturity Treasuries. The coupon was set at 3%
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https://www.automotiveworld.com/articles/94230-us-ford-motor-credit-issues-us-1-5bn-of-bonds/
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