Ford Credit ups maximum purchase amount to $3B for tender offer on debt notes  

Decreased consumer sentiment and affordability could point to an auto recession, according to Morgan Stanley  

Photographer: Al Drago/Bloomberg

Ford Credit increased the total purchase amount of outstanding debt notes in its tender offer to $3 billion on Friday, up from $2.5 billion, as the captive looks to limit its debt exposure in anticipation of a slowing auto finance market.   The lender finalized its separate cash offer on five of the nine series of […]

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