Polk & Wardwell advised Ford Motor Company on its recently completed debt restructuring, including a conversion offer for any and all of its outstanding convertible debt and tender offers by Ford Motor Credit Company for Ford’s outstanding unsecured bonds and senior secured term loans. Ford was able to retire $9.9 billion of debt.

The Davis Polk corporate team included partners Donald S. Bernstein, Michael Kaplan and Lawrence E. Wieman and associates Amber D. Derryberry, Molly C. Breyfogle, Kenneth Charles Piercy, Eilleen J. Park and E. Ashley Harris. The tax team included partner Kathleen L. Ferrell and associates Joshua Ruland and Matthew Kohley (not yet admitted). The legal assistant was Eliot M. Beck. All members of the Davis Polk team are based in the New York office.