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Ford Motor Co. Capital Trust I, 9.0% TOPrS Trust Orig Preferred Sec
Ticker Symbol: F-T* CUSIP: 345343206 Exchange: NYSE
* NOTE: This security is no longer trading as of 1/02/2004
Security has been Called for: Friday, January 2, 2004
Nov 20, 2003 -- Ford Motor Company today announced that on January 2, 2004, it intends to redeem all of its outstanding 9% Junior Subordinated Debentures due 2025. This redemption will result in the simultaneous mandatory redemption by Ford Motor Company Capital Trust I of its outstanding 9% Trust Originated Preferred Securities (NYSE: "F Pr T"). The redemption price will be $25.00 per Trust Preferred Security plus accrued and unpaid distributions to the redemption date.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: Ford Motor Company Capital Trust I, 9.0% Trust Originated Preferred Securities (TOPrS), liquidation amount $25 per share, guaranteed by Ford Motor Co. (NYSE: F), redeemable at the issuer's option on or after 12/01/2002 at $25 per share plus accrued and unpaid dividends, maturing 10/31/2025, distributions of 9.00% per annum are paid quarterly on 3/31, 6/30, 9/30 & 12/31 to holders of record 15 days prior to the payment date. The company has the right, at any time, to defer interest payments for up to 20 consecutive quarters (see IPO prospectus for details). The trust's assets consist of the 9% Junior Subordinated Deferrable Interest Debentures due 12/31/2025 which were purchased from the company using the funds generated from the sale of the trust preferred securities. See the IPO prospectus for further information on the trust preferred securities by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (F)
IPO - 11/2/1995 - 26.04 Million Shares @ $25.00/share.
Link to IPO Prospectus
Market Value $670.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: One American Road, Dearborn, MI 48126 |
| Main Phone Number |
313-322-3000 |
| Fax Number |
313-845-6073 |
| Investor Relations
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800-555-5259
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| Toll Free Phone Number |
800-555-5259 |
| CEO - Alan Mulally |
CFO - L.W.K. Booth |
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