Ford Credit to Sell $10 - 20 billion in Debt in 2006

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00003310-ford-credit-to-sell-10-20-billion-in-debt/

Ford Motor Co.’s finance arm plans to sell about $10 billion to $20 billion in term debt in 2006, compared with about $20 billion sold so far in 2005, company officials said on Thursday.

Speaking on a conference call for fixed-income investors, the officials also said Ford has no plans at this time to spin off its finance arm, Ford Motor Credit Co. The finance arm is a valuable asset and Ford would not want to part with it unless there were a compelling reason, they said.

For this complete story, please visit Ford Credit to Sell $10 – 20 billion in Debt in 2006.

Ford Credit to Sell $10 - 20 billion in Debt in 2006

Unknown Author

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