Nachrichten August 15, 2022

Ford Motor Company $600 Million “Baby Bond” Offering

Shearman & Sterling represented the underwriters in connection with Ford Motor Company’s $600 million aggregate principal amount of senior notes. The notes were primarily sold to retail investors.

BofA Securities, Morgan Stanley, RBC Capital Markets, Wells Fargo Securities and J.P. Morgan acted as joint book-running managers in connection with the offering.

Ford Motor Company is a global company based in Dearborn, Michigan. Ford designs, manufactures, markets, and services a full line of connected, increasingly electrified passenger and commercial vehicles: Ford trucks, utility vehicles, vans, and cars, and Lincoln luxury vehicles. The company is pursuing leadership positions in electrification, connected vehicle services, and mobility solutions, including self-driving technology, and provides financial services through Ford Motor Credit Company.

The net proceeds from the sale of the notes will be used for general corporate purposes.

The Team