Ford Secures $3 Billion Loan Amid Big Three’s Struggles with Tariff Uncertainty
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2 Articles
Ford secures $3 billion loan amid Big Three’s struggles with tariff uncertainty
Ford, one of the United States’s “Big Three” automakers, took out a multibillion-dollar loan credit agreement amid unease about the effect President Donald Trump’s tariffs are having on the automobile industry. The $3 billion line of credit, available through July…
Ford secures $3B loan to strengthen liquidity amid tariffs, recession fears
Ford Motor Co. secured a $3 billion term loan credit agreement. The loan is divided among multiple lenders and will be administered through JP Morgan Chase. Ford says that the loan is a proactive measure to strengthen liquidity and financial flexibility. However, it’s likely the increased costs related to tariffs influenced the decision. Here’s why it matters: By taking out a loan, Ford has increased its flexibility to maneuver during the econom…
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