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Originally Posted by jpd80
And more debt goes bye bye........ 
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“These successful conversion offers represent another significant step toward our goal of reducing our Automotive debt and improving our balance sheet,” said Lewis Booth, Ford executive vice president and chief financial officer. “We had previously said that even without the conversion offers, we expected our Automotive cash to be about equal to Automotive debt by the end of this year, well ahead of our earlier expectations. With the conversion offers, we will be clearly net cash positive by year-end 2010.”
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If they are launching such an offer mid quarter, they are expecting solid Q4/2010 results. But, what i bolded is what sticks for me and the interest saving!