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Jwnsc
| Posted on Thursday, May 22, 2008 - 01:04 pm: |
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Harley-Davidson sells $1B in bonds amid flagging sales Associated Press 6:36 PM CDT, May 21, 2008 MILWAUKEE - Harley-Davidson Inc. on Wednesday said it has sold $1 billion in bonds, providing cash that one analyst suggested could help the struggling motorcycle maker weather a deteriorating market outlook. The announcement comes a month after the Milwaukee-based maker of one of America's most iconic rides said it will cut its work force by 8 percent and trim bike shipments by the thousands. |
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