UK Export Finance, the Government of the United Kingdom’s credit agency, said it is providing a GBP 1B export development guarantee to Ford (F) UK to support the company’s “long-term growth ambitions around the world.” The loan “will help Ford continue its global transformation, engineering and manufacturing smart, connected and electrified vehicles for customers around the world,” the agency said in a statement. Shares of Ford are up 1% to $11.00 in late morning trading.
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