email

Enter Your Information Below To Receive Latest News And Articles

Please Enter Your Email Address:

By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Top

Top Investors Forum

  /  News   /  The IRS is paying out a new batch of surprise tax refunds — who’s getting them?

The IRS is paying out a new batch of surprise tax refunds — who’s getting them?

Motley Fool

Why Ford Stock Just Popped

Ford Motor Company (NYSE: F) stock ripped higher in Thursday afternoon trading, rising as high as 4.6% by 2:40 p.m. EDT on news of some significant debt-reshuffling in Dearborn. Specifically, Ford announced that will conduct a series of cash tender offers (i.e., debt buybacks) of what it described as its “COVID bonds,” issued to provide a cash cushion through the pandemic last year, as well as various other debt instruments. In total, Ford anticipates spending $5 billion to buy back debentures carrying interest rates ranging from 6.375% to nearly 10%, and with due dates ranging from as early as 2023 to as far out as 2047.

Post a Comment