NEW YORK, Nov 17 (Reuters) - Ford Motor Co.'s finance arm on Monday sold $1 billion of 10-year notes, joint lead manager J.P. Morgan said, attracting strong demand after winning a stable outlook on its ratings last week. The issue from Ford Motor Credit Co. is a reopening of $2 billion of 7 percent notes due 2013 sold in September. The new notes were priced to yield 2.57 percentage points more than Treasuries, compared with a spread of 2.80 percentage points on the original issue. Yield ...
Premium Content (PAID Subscription Required)
"Ford Motor Credit sells $1 bln 10-year notes" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642