Business
Pricing Results of Convertibl
Pricing Results of Convertibl.
About this update from Fdm Group (holdings) Plc
[{"type":"text","content":"\n RNS Number : 9618B Ford Motor Co 04 November 2009 \n\nContact: Media: Mark Truby 313.323.0539 [email protected]\n Equity Investment Community: Larry Heck 313.594.0613\n [email protected]\n Fixed Income Investment Community: Dave Dickenson\n 313.621.0881\n [email protected]\n Shareholder Inquiries: 800.555.5259 or\n 313.845.8540\n [email protected]\n\nFORD MOTOR COMPANY ANNOUNCES PRICING RESULTS OF CONVERTIBLE NOTES OFFERING\nDEARBORN, Mich., Nov. 3, 2009 - Ford Motor Company (NYSE: F) today announced the pricing of its offering of senior convertible notes due Nov. 15, 2016. Notes in the aggregate principal amount of $2.5 billion will be offered, an increase from the $2 billion previously announced. The notes will be senior unsecured obligations of Ford and will bear interest at a fixed rate of 4.25 percent per year. Ford has granted the underwriters an option to purchase an additional $375 million in aggregate principal amount of notes.\n\"This was a successful transaction and the results exceeded our expectations,\" said Lewi...