Ford Motor Co
17 January 2002
Contact:
Media
Todd Nissen
313.594.4410
tnissen@ford.com
Securities Analysts
Mark Oswald
1-313-390-4563
moswald@ford.com
Shareholder Inquiries
1.800.555.5259 or
1.313.845.8540
Media Information Center
1.800.665.1515 or
1.313.621.0504
media@ford.com
Go to http://media.ford.com
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high-resolution photographs
FORD MOTOR COMPANY FILES FOR TRUST PREFERRED CONVERTIBLE SECURITIES OFFERING
DEARBORN, Mich., Jan. 17 - Ford Motor Company (NYSE: F) announced that it is
today filing with the Securities and Exchange Commission an amendment to its
universal 'shelf' registration statement, which will include a prospectus
supplement for its offering of trust preferred convertible securities. Last week
Ford announced plans to publicly offer for sale approximately $3 billion of
convertible trust preferred securities, convertible into Ford common stock.
A 'roadshow' for the offering will commence tomorrow. Pricing of the securities
is expected to occur next week and settlement the following week.
The securities will be offered by Ford and the proceeds from the offering will
be used by Ford for general corporate purposes.
The managing underwriters for the offering will be Goldman, Sachs & Co., JP
Morgan, Morgan Stanley and Salomon Smith Barney.
A prospectus relating to the offering may be obtained from:
Ford Motor Company
One American Road
Dearborn, MI 48126
Attention: Shareholder Relations Department
Ford Motor Company is the world's second largest automaker, selling vehicles in
200 markets and with approximately 345,000 employees on six continents. Its
automotive brands include Aston Martin, Ford, Jaguar, Land Rover, Lincoln,
Mazda, Mercury and Volvo. Its automotive related services include Ford Credit,
Hertz and Quality Care.
A registration statement relating to these securities has been filed with the
Securities and Exchange Commission but has not yet become effective. These
securities may not be sold nor may offers to buy be accepted prior to the time
the registration statement becomes effective. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of these securities in any state in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state.
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