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Ford to Expand Its Lines of Credit
Ford Motor Co. hopes to add $1.3 billion to its existing $10.7 billion in credit lines, according to Bloomberg News.
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Ford Motor Co. hopes to add $1.3 billion to its existing $10.7 billion in credit lines, according to Bloomberg News.
An unnamed source tells the news service that Ford intends to replace its existing credit line that will end in 2017 with a five-year $9 billion revolving loan a three-year $3 billion financing deal.