The Return of the Ford Blue Oval - social.FORD.com
Originally Posted by BusinessWeek-May20
...Now Ford is on the verge of reclaiming control of its insignia...
...Today, we received notice that Moody’s Investors Service has lifted the Ford credit rating to investment grade. The blue oval is back.
“We are so proud of today’s decision by Moody’s and the resulting release of all collateral – particularly the Ford Blue Oval,” said Alan Mulally, President and Chief Executive Officer, Ford Motor Company. “This is an important milestone and further proof that, by staying laser-focused on our One Ford plan, the Ford team can deliver great products, build a strong business and contribute to a better world even through the most challenging external environment.”
There is an enormous psychological impact on Ford and all of our employees; it means our plan is working and that the difficult turnaround we’ve faced is being appreciated by the market. But more than that, having investment grade credit means we can continue to go further in our plan:
• Have more certain and lower cost access to liquidity from banks and investors without having to pledge our assets as security
• Invest in new products and plants, thereby creating jobs...
human Blue Oval of Ford employees celebrate the news
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it was pointed out that the improved credit rating can also lead to reducing Ford Credit's funding costs, which may mean better lease and loan packages.