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Ford's Drive Towards an Investment Grade Credit Rating

World Market Pulse submits:

Even as Ford's (F) impressive quarter underlined the company’s strong fundamentals, it was also offering a case that the automobile sector could very well be back on track as far as domestic sales in the United States was concerned. Now, after an impressive IPO by GM boosted incredible interest in the automobile sector, Ford has put its plans of moving towards an investment-grade credit rating by cutting out its debt and borrowing costs in top gear.

Ford Debt Cutting Spree: Ford Motor Corporation, meanwhile, expects to be solidly profitable this year, as the company repaid $2 billion of debt in the

By admin posted about 1 year ago
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