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Ford will defer some quarterly payments on Energy Dept. loan

Posted on Fri, 31st of Jul, 2020 07:29:17 UTC

In 2009 the automaker was awarded a $5.9 billion, low-cost government retooling loan in the aftermath of the financial crisis. Ford said the loan, which has $1.26 billion of principal remaining, will be repaid on time by June 2022. ... read news

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