Ford sells $2.9 bln of asset-backed securities

Newswire

WASHINGTON, Aug 22 (Reuters) - Ford Motor sold $2.9 billion of asset-backed securities supported by auto loans on Tuesday, a source familiar with the deal said. Credit Suisse, JP Morgan and RBS Greenwich Capital were lead managers on the deal. The following are final terms and conditions for "Ford 2006-B": CL AMT(MLNS) WAL WNDW MDY/S&P/FCH BNCH SPREAD YIELD ============================================================== A1* $657.000 0.27 7 mos P-1/A-1+/F1+ I-Lbr +0 5.4048 A2A $470.000 ...

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