Is Ford buying its debt in the open market at steep discounts? They could save a bundle in interest expense and de-lever the balance sheet
Now it comes out, I dont think you are a lying POS, I know you are...No position and posting just because you care...LOL...you are priceless.And you are posting about Ford selling shares to raise capital as something that just happened..It didn't. Its old news.But thanks for the laugh....
No. They would have to file. What they did file is exactly the opposite. They are selling shares to raise much needed cash they say in Congress and to the American public, they don't need.
They did not say that they did not need cash, they said that they could raise it themselves through pre arranged borrowing , asset sales, etc and did not need the government loans at this time.
They sold shares a few months ago, do you have a link to any recent disclosures..Tracinda could still be dumping shares for margin calls also.