Ford Motor Company continues to make news. Today South China Morning Post reports a yuan-denominated bond offer exceeded one billion RMB. These “dim sum” bonds will pay 4.85% interest are targeted at investors outside the US. Funds will help expand Ford’s business in China.
Each week former public affairs professionals from Ford receive an email update from Jim Bright, a senior communications professional formerly with Ford and now ensconced in Indiana. Today’s email extract below is courtesy of Jim and includes some valuable links chronicling how Ford revived its fortunes.
By Jim Bright
Hoffman was given unprecedented access to the automaker’s top executives, including Executive Chairman Bill Ford Jr. and CEO Alan Mulally, as well as board members, former executives, employees, labor leaders, suppliers and secret company documents.
The result was “American Icon: Alan Mulally and the Fight to Save Ford Motor Company” which goes on sale Tuesday. This week, the News has printed four excerpts chronicling key events in Ford’s restructuring. The fifth excerpt will appear today.
You can check them out at www.detnews.com – or you can click the links below…
You can check out the fifth excerpt later today (Friday, March 16) at www.detnews.com.