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| F > SEC Filings for F > Form 8-K on 4-Mar-2009 | All Recent SEC Filings |
4-Mar-2009
Other Events, Financial Statements and Exhibits
On March 4, 2009, Ford Motor Company ("Ford") commenced an offer (the "Conversion Offer") to pay a premium in cash to induce holders of any and all of its 4.25% Senior Convertible Notes due December 15, 2036 (the "Convertible Notes") to convert their Convertible Notes into common stock. The Conversion Offer will expire at 9:00 a.m., New York City time, on April 3, 2009 (the "Expiration Date"), unless extended or earlier terminated by Ford. Tendered Convertible Notes may be withdrawn at any time prior to 9:00 a.m., New York City time, on the Expiration Date. The terms and conditions of the Conversion Offer are described in the offering circular and related letter of transmittal, each dated March 4, 2009. A copy of the Conversion Offer press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Concurrently with the Conversion Offer, Ford Motor Credit Company LLC ("Ford Motor Credit") commenced an offer (the "Tender Offer") to utilize up to $1.3 billion in cash to purchase outstanding unsecured, non-convertible debt securities of Ford. The Tender Offer will expire at 9:00 a.m., New York City time, on the Expiration Date, unless extended by Ford Motor Credit. Tendered debt securities may not be withdrawn except in certain limited circumstances where withdrawal rights may be required by law (as determined by Ford Motor Credit). Also on March 4, 2009, Ford Motor Credit commenced a separate $500 million cash tender offer to purchase Ford's senior secured term loan debt (the "Senior Term Loan Debt Offer"). The terms and conditions of the Tender Offer are described in the offer to purchase and related letter of transmittal, each dated March 4, 2009. A copy of the press release announcing the Tender Offer and the Senior Term Loan Debt Offer is attached hereto as Exhibit 99.2 and is incorporated herein by reference.
(d) Exhibits.
Exhibit 99.1 Press Release dated March 4, 2009 of Ford Motor Company
Exhibit 99.2 Press Release dated March 4, 2009 of Ford Motor Credit Company LLC
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