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News .: 2009 .: FORD MOTOR COMPANY ANNOUNCES PRICING RESULTS OF CONVERTIBLE NOTES OFFERING

FORD MOTOR COMPANY ANNOUNCES PRICING RESULTS OF CONVERTIBLE NOTES OFFERING


Ford Motor Company (NYSE: F) today announced the pricing of its offering of senior convertible notes due Nov. 15, 2016. Notes in the aggregate principal amount of $2.5 billion will be offered, an increase from the $2 billion previously announced. The notes will be senior unsecured obligations of Ford and will bear interest at a fixed rate of 4.25 percent per year. Ford has granted the underwriters an option to purchase an additional $375 million in aggregate principal amount of notes.

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