Ford to buy back 2.7B Debt

[JPFS1]

Originally Posted by mrbaxr6t

wow, if they gonna buy debt this implies they have the cash to do so - good show :

looks like they are "going better"

doesn't necessarily mean that they have spare cash laying about to buy back this debt. It could just be that he's negotiated a better finance package enabling them to buy this debt, rolling it into a better deal.

All in all, Ford are in good shape (relatively) and will live through the storm.