Ford Motor delivers redemption notice for 9% notes due 2025

By Mary-Katherine Stinson

Lexington, Ky., Aug. 16 – Ford Motor Co. will redeem all outstanding 9% notes due April 2025 on Sept. 1, according to an 8-K filing with the Securities and Exchange Commission.

The redemption price will be at par plus a make-whole premium. Accrued interest will also be paid.

The redemption will be funded by cash on hand.

Ford is a Dearborn, Mich.-based automotive manufacturer.

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