Snr Convertible Note Offering
Ford Motor Co
04 December 2006
Contact:
Media: Equity Investment Fixed Income Shareholder Inquiries:
Becky Sanch Community: Investment Community: 1.800.555.5259 or
1.313.594.4410 Raj Modi Rob Moeller 1.313.845.8540
bsanch@ford.com 1.313.323.8221 1.313.621.0881 stockinf@ford.com
fordir@ford.com fixedinc@ford.com
FORD ANNOUNCES INTENTION TO OFFER SENIOR CONVERTIBLE NOTES
DEARBORN, Mich., Dec. 4 - Ford Motor Company (NYSE: F) today announced its
intention to offer, subject to market and other conditions, approximately $3
billion principal amount of Senior Convertible Notes due 2036, which will be
unsecured. Ford also expects to grant the underwriters an over-allotment option
to purchase up to $450 million principal amount of additional notes. This
offering of notes will be registered under the U.S. Securities Act of 1933, as
amended.
The joint-book running managers for this offering are Citigroup Corporate and
Investment Banking, Goldman, Sachs & Co., J.P. Morgan Securities Inc., Deutsche
Bank Securities Inc., Lehman Brothers Inc., Merrill Lynch, Pierce, Fenner &
Smith Incorporated and Morgan Stanley & Co. Incorporated. The joint-lead manager
for this offering is BNP Paribas Securities Corp.
The interest rate, conversion price, offering price and other terms will be
determined by negotiations between Ford and the underwriters of the notes. Ford
expects to use the net proceeds from the offering for general corporate
purposes.
Offers and sales of the notes will be made only by the related prospectus and
prospectus supplement. A copy of the prospectus and prospectus supplement can be
obtained from:
Citigroup Corporate and Investment Banking
Brooklyn Army Terminal, 140 58th Street, 8th Floor
Brooklyn, NY 11220
Tel: 718-765-6732 or Fax: 718-765-6734
Goldman, Sachs & Co.
Attn: Prospectus Dept, 85 Broad St.
New York, NY 10004
Fax: 212-902-9316 or email at prospectus-ny@ny.email.gs.com
J.P. Morgan Securities Inc.
National Statements Processing
4 Chase Metrotech Center, CS Level
Brooklyn, NY 11245
Tel: 718-242-8002 or Fax: 718-242-1350
There shall not be any offer or sale of these notes in any jurisdiction in which
the offer or sale would be unlawful.
Ford Motor Company, a global automotive industry leader based in Dearborn,
Mich., manufactures or distributes automobiles in 200 markets across six
continents. With about 300,000 employees and more than 100 plants worldwide, the
company's core and affiliated automotive brands include Aston Martin, Ford,
Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive-related
services include Ford Motor Credit Company.
This information is provided by RNS
The company news service from the London Stock Exchange