Ford Motor Co. on Jan. 24 increased the sale of its convertible securities 50% to a record $4.5 billion. The auto maker previously set the sale at $3 billion. Ford, however, is expected to reduce the terms from an expected 7%-7.5% dividend to be converted into Ford shares at an 18%-22% premium, to a 6.25%-6.75% dividend and 20%-25% premium.
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