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 […]
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