trending Market Intelligence /marketintelligence/en/news-insights/trending/svupgbR-1zqiNdYghojXVg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Ford to raise $800M in debt offering

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021

Six trends shaping the industries and sectors we cover in 2021

Blog

CUSIP Request Volume Surges in December, Pushing Full-Year 2020 Volumes Past 2019 Totals


Ford to raise $800M in debt offering

Ford Motor Co. is seeking to raise $800 million through a bond offering, according to a prospectus filed Dec. 4.

The U.S. carmaker is offering 6.000% of its notes due 2059.

Ford intends to use the net proceeds of about $776.1 million from the debt offering for general corporate purposes.

Interest on the notes will be paid every March 1, June 1, Sept. 1 and Dec. 1 of each year, starting March 1, 2020.

BofA Securities Inc., Morgan Stanley & Co. LLC, RBC Capital Markets LLC, Wells Fargo Securities LLC, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are acting as joint book-runners for the offering, while BMO Capital Markets Corp., CIBC World Markets Corp., Commerz Markets LLC, Credit Suisse Securities (USA) LLC and Goldman Sachs & Co. LLC are serving as co-managers.