Amadeusz Juskowiak

Ford motor credit f to redeem debentures

Ford Motor Co said its Ford Motor Credit Co on April One will redeem 40 mln dlrs of its 870 pct debentures due April 1 1999

It said the debentures are redeemable at a price of 100 pct of the principal Because April 1 1987 is an interest payment date on the debentures no accrued interest will be payable on the redemption date as part of the redemption proceeds

Debentures will be selected for redemption on a pro rata basis Ford said

Reuter