US CREDIT-Ford LBO may be good for credit - analyst

Newswire

NEW YORK, Aug 25 (Reuters) - Ford Motor Co.'s swaps have improved following reports that it may be considering going private, and while the possibility of a leveraged buyout typically weighs on spreads, in the case of Ford it may be positive for the debt, according to one analyst. A private equity unit of JPMorgan Chase & Co. and a British group are among potential buyers eyeing some of Ford Motor Co.'s luxury brands as the struggling carmaker explores its options in a turnaround bid. ...

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