-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PV144ozjzALAaO4ye+o+VAPHgRBMNGIGjzzb4O4XQY1hQ+p8eVjEVTVjHrgTpjn1 42gYt643qK3Kb3DW/da8qA== 0001140361-06-017026.txt : 20061127 0001140361-06-017026.hdr.sgml : 20061127 20061127160321 ACCESSION NUMBER: 0001140361-06-017026 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20061127 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061127 DATE AS OF CHANGE: 20061127 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FORD MOTOR CO CENTRAL INDEX KEY: 0000037996 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] IRS NUMBER: 380549190 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03950 FILM NUMBER: 061239560 BUSINESS ADDRESS: STREET 1: ONE AMERICAN ROAD CITY: DEARBORN STATE: MI ZIP: 48126 BUSINESS PHONE: 3133223000 MAIL ADDRESS: STREET 1: ONE AMERICAN RD CITY: DEARBORN STATE: MI ZIP: 48126 8-K 1 form8k.htm FORD MOTOR COMPANY 8-K 11-27-2006 Ford Motor Company 8-K 11-27-2006


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549


FORM 8-K


CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report: November 27, 2006
(Date of earliest event reported)


FORD MOTOR COMPANY
(Exact name of registrant as specified in its charter)


Delaware
(State or other jurisdiction of incorporation)
 

1-3950
 
38-0549190
(Commission File Number)
 
(IRS Employer Identification No.)
     
One American Road, Dearborn, Michigan
 
48126
(Address of principal executive offices)
 
(Zip Code)
 

Registrant's telephone number, including area code 313-322-3000


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 140.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 



-2-

Item 8.01. Other Events.

Ford Motor Company ("Ford") hereby incorporates by reference its news release dated November 27, 2006, which is herewith filed as Exhibit 99.

Item 9.01. Financial Statements and Exhibits.
 
EXHIBITS
 
 
Designation
 
Description
 
Method of Filing
         
Exhibit 99
 
News Release dated
 
Filed with this Report
   
November 27, 2006
   
 
 
 
SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     
FORD MOTOR COMPANY
 
     
(Registrant)
 
         
Date: November 27, 2006
 
By:
/s/Peter J. Sherry, Jr.
 
     
Peter J. Sherry, Jr.
 
     
Secretary
 
 

-3-
 
EXHIBIT INDEX
 

Designation
 
Description
     
 
News Release dated November 27, 2006
 
 

EX-99 2 ex99.htm EXHIBIT 99 Exhibit 99

 

 
NEWS

Contact:
 
Becky Sanch
1.313.594.4410
bsanch@ford.com
 
Equity Investment Community:
Raj Modi
1.313.323.8221
fordir@ford.com
 
Investment Community:
Rob Moeller
1.313.621.0881
fixedinc@ford.com
 
1.800.555.5259 or
1.313.845.8540
stockinf@ford.com

FOR IMMEDIATE RELEASE
 
FORD ANNOUNCES PLANS FOR DEBT FINANCING

DEARBORN, Mich., Nov. 27 - Ford Motor Company [NYSE: F] today announced that it plans to obtain financing totaling approximately $18 billion in order to address near- and medium-term negative operating-related cash flow, to fund its restructuring, and to provide added liquidity to protect against a recession or other unanticipated events.

The financing transactions consist of:
 
 
·
new five-year senior secured revolving credit facility of approximately $8 billion that is intended to replace Ford's existing unsecured credit facilities of $6.3 billion;
 
·
senior secured term loan of approximately $7 billion; and
 
·
unsecured capital market transactions of approximately $3 billion, which may include unsecured notes convertible into Ford common stock.

The size of the individual components of the financing may vary depending on market conditions.

Borrowings under the senior secured revolving and term loan credit facilities will be secured on an equal basis by first-priority liens on principal domestic manufacturing facilities (subject to public debt indenture limitations) and substantially all of the Company’s other domestic automotive assets, certain intellectual property, certain real property, all or a portion of the stock of certain subsidiaries (including Ford Motor Credit Company and Volvo), certain intercompany payables and notes, and up to $4 billion of domestic cash without restriction on its use.

The arrangers for the senior secured credit facilities are Citigroup Corporate and Investment Banking, Goldman Sachs Credit Partners L.P., and J.P. Morgan Securities Inc.

Ford expects these transactions to close prior to December 31, 2006.



Upon completion of the transactions, Ford expects to have Automotive liquidity of approximately $38 billion at year end 2006, consisting of gross cash (i.e., cash, cash equivalents, loaned and marketable securities and short-term Voluntary Employee Beneficiary Association assets) and available credit facilities.


Forward-Looking Statements: Forward-looking statements herein regarding our financial plans are based on expectations and assumptions by our management and involve a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those stated, including, without limitation, market conditions and the other factors described under the heading "Management's Discussion and Analysis of Financial Condition and Result of Operations - Risk Factors" in our most recent Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission.

- # # # -
 
2 

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