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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (20281)10/19/2004 3:01:42 PM
From: ild  Read Replies (1) of 110194
 
Debt bubble chronicle
As to 2005's debt issuance, Ford Motor Credit officials said they expect unsecured debt issuance, either to retail or to institutional investors, to range between $10 billion to $15 billion, and securitized debt ranging between $10 billion to $15 billion next year. The actual proportion of debt issued to retail and institutional investors, and the level of secured and unsecured debt will depend on prevailing market conditions, said Macdonald.

Ford Motor Credit had about $146 billion in consolidated debt outstanding at end-September, down from $159 billion at end-December. Overall, Ford MotorCredit expects its balance sheet to remain in the $171 billion to $175 billion range.
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