Nachrichten December 08, 2016

Shearman & Sterling Advises on Ford Motor Company’s $2.8 Billion Notes Offering

Shearman & Sterling represented Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman, Sachs & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. LLC as joint book-running managers in connection with Ford Motor Company’s offering of its $1.5 billion aggregate principal amount of 4.346% notes due December 8, 2026 and $1.3 billion aggregate principal amount of 5.291% notes due December 8, 2046. The net proceeds from the sale of the notes will be used for general corporate purposes including pursuing emerging opportunities with investments in electrification, autonomy and mobility.

Ford Motor Company (NYSE: F) is a global automotive and mobility company based in Dearborn, Michigan. Ford’s core business includes designing, manufacturing, marketing and servicing a full line of Ford cars, trucks and SUVs, as well as Lincoln luxury vehicles. Ford provides financial services through Ford Motor Credit Company.

The Team