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UNDERWRITERS EXERCISE OVER-ALLOTMENT ON FORD PREFERRED STOCK

      UNDERWRITERS EXERCISE OVER-ALLOTMENT ON FORD PREFERRED STOCK
    DEARBORN, Mich., Nov. 14 /PRNewswire/ -- The underwriters of Ford's convertible preferred stock offering, led by Goldman, Sachs & Co. and Merrill Lynch, Pierce, Fenner & Smith Inc., exercised their option to purchase an additional 6 million shares this morning.
    The sale of the additional shares increases the total amount of the offering to 46 million shares or $2.3 billion.
    For details on terms, contact Goldman, Sachs & Co. at 212-902-1000.
    -0-                     11/14/91
    /CONTACT:  Gene Koch of Ford Motor Company, 313-322-9600/
    (F) CO:  Ford Motor Company ST:  Michigan IN:  AUT SU:  OFR JG -- DE015 -- 4399 11/14/91 11:43 EST
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Publication:PR Newswire
Date:Nov 14, 1991
Words:107
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