Ford Credit cutting debt exposure by $2.5B in face of weakened auto market

The captive looks to limit debt exposure as crunched inventory slows auto finance production

Ford Credit is looking to reduce its debt exposure and liquidity as tight vehicle supply is expected to limit auto lenders’ balance sheet growth in the near term. The captive today announced separate cash tender offers to purchase “any and all” of nine series of outstanding notes with maturities ranging from 2022 and 2023, up […]

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