Ford and Deutsche Bahn steer fixed investors to FRNs

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Ford and Deutsche Bahn steer fixed investors to FRNs

Ford Steering Wheel
STOCKHOLM 2016-08-24 Ford Focus RS Foto: Anders Wiklund / TT / Kod 10040 road, traffic, cars, communication, transport, vehicle, dashboard, steering wheel, shift stick, controls | Anders Wiklund/TT/TT News Agency/Press Association Images

Ford Motor Credit Co, the financial services arm of the US motor company, and Deutsche Bahn raised a combined €1.5bn from floating rate notes this week, attracting demand from the traditional fixed rate buyer base with four and seven year maturities.

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