secwatch.observer — SEC 8-K summary
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Issuer:     FORD MOTOR CO (F)
CIK:        0000037996
Form:       8-K
Filed at:   2024-12-16T23:59:59+00:00
Accession:  0000037996-24-000235
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ford guarantees 50% of BlueOval SK's $9.63B DOE loan for battery plants
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- BlueOval SK (Ford 50/50 JV with SK On) entered DOE Loan Agreement for $9.63B to finance battery plants in TN and KY.
- Ford agreed under SSA to guarantee 50% of BOSK's payment obligations under the DOE loan.
- SSA includes liquidity covenant requiring Ford maintain at least $4B Available Liquidity.
- Loan final maturity expected July 2040.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/37996/000003799624000235/0000037996-24-000235-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/37996/000003799624000235/f-20241213.htm
  HTML page:      https://secwatch.observer/filing/0000037996-24-000235

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