ylliX - Online Advertising Network
Company Ticker News

Ford to repurchase up to $5 billion in junk bonds as it restructures its balance sheet in hopes of restoring credit rating

Ford to repurchase up to $5 billion in junk bonds as it restructures its balance sheet in hopes of restoring credit rating

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

Ford is buying back much of the $8 billion in bonds the company issued at the start the coronavirus pandemic at lofty yields of between 8.5% to 9.625%.

...read full article on CNBC

ylliX - Online Advertising Network