General Motors Enters $2B Revolving Credit Facility
Dow Jones04:17
By Katherine Hamilton
General Motors entered into a $2 billion revolving credit agreement.
The agreement is for a 364-day facility maturing on March 22, 2027, the automotive company said Monday.
JPMorgan Chase is the administrative agent and Citibank is the syndication agent.
The interest rates on obligations under the facility are based on prevailing annual rates for term SOFR loans, daily simple SOFR loans or an alternative base rate.
The facility requires GM to maintain at least $4 billion in global liquidity and at least $2 billion in U.S. liquidity.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
March 23, 2026 16:17 ET (20:17 GMT)
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