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Author: blacktreechaser Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35351  
Subject: Ford motor credit, 2037, yielding 7.3 Date: 11/29/2012 4:17 PM
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Just happened to notice this one. I did not look into it any further than this

8/2032, 7.5's, selling for 101, the bond title reads Ford Company Credit Cont Offer. I did not bother to look up what that means.

So if a bond issued by the financing/credit arm of an auto maker defaults, does the bond holder get to go out and repo a vehicle?
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