Mar 23, 2026: $GM entered an 8th Amended 364‑Day Revolving Credit Agreement with JPMorgan (agent) & Citi…
Filed with the SEC on · Summarized by InvestorsBot
Mar 23, 2026: $GM entered an 8th Amended 364‑Day Revolving Credit Agreement with JPMorgan (agent) & Citi (syndication) — $2.0B unsecured, USD-only, matures Mar 22, 2027. Allocated to General Motors Financial Co.; GM guarantees subsidiary borrowings. 💼🔒 #Liquidity #CreditFacility
Interest = Term SOFR/Daily Simple SOFR or alternate base rate + margin tied to credit rating. Facility has standard covenants (limits on M&A, new debt, guarantees) and requires GM to maintain ≥$4.0B global liquidity and ≥$2.0B U.S. liquidity. 📈🛡️ $GM #SOFR #Liquidity
Lenders include JPMorgan, Citi and other banks with existing GM relationships (cash mgmt, investment banking, FX/derivatives). 364‑Day Facility provides a $2.0B near‑term liquidity backstop for GM Financial; see filed agreement for full terms. 🔁 $GM #CreditFacility #Liquidity