trending Market Intelligence /marketintelligence/en/news-insights/trending/svupgbR-1zqiNdYghojXVg2 content esgSubNav
In This List

Ford to raise $800M in debt offering

Blog

Perspectivas América Latina 2023 Emerging Trends & Growth

Blog

Insight Weekly: SVB fallout limited; US rents up; renewable natural gas investments flow in

Blog

Bank failures: The importance of liquidity and funding data

Blog

A Cloud Migration Plan for Corporations featuring Snowflake®


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.