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Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.
Ford to extend revolving credit; raise $3 bln equity
Ford Motor Co said on Monday it would pay back in part and extend by two years $10.7 billion of secured debt and issue some $3 billion of stock and equity linked securities to improve its balance sheet.
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Posted:
November
03
, 2009, 9:48am EST
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