Visteon filed a reorganization plan under which secured term loan lenders would end up with 96.2 percent of the shares in the new company.
Tags: Loan Lenders, Reorganization Plan, Secured Loan, Shares, Term Loan, term loan lenders, Visteon
Ford Motor Co. will double the amount of cash it is offering to pay down senior secured term loan debt. Lenders oversubscribed a $500 million cash tender offer by Ford Motor Credit Co.
Tags: Cash Tender, Debt Reduction Program, Ford, Ford Credit, Ford Motor, Ford Motor Co., Ford Motor Credit, Ford Motor Credit Co, Lenders, Secured Loan, Tender Offer, Term Loan, USD
Ford Motor Co. will double the amount of cash it is offering to pay down senior secured term loan debt. Lenders oversubscribed a $500 million cash tender offer by Ford Motor Credit Co.
Tags: Cash Tender, Debt Reduction Program, Ford, Ford Credit, Ford Motor, Ford Motor Co., Ford Motor Credit, Ford Motor Credit Co, Lenders, Secured Loan, Tender Offer, Term Loan, USD