Ford said it entered into the Twenty-First Amendment to its existing Credit Agreer with JPMorgan Chase Bank, N.A. as administrative agent on April 22, 2024, and that the amendment took effect the same day.

1. 01

   Ford said it entered into the Twenty-First Amendment to its existing Credit Agreer with JPMorgan Chase Bank, N.A. as administrative agent on April 22, 2024, and that the amendment took effect the same day.

2. 02

   The company said the lenders' commitments changed under the amendment from $3.4 billion (maturing April 26, 2026) and $10.1 billion (maturing April 26, 2028) to $25 million (2026), $3.4 billion (April 22, 2027), $0.1 billion (2028) and $10.0 billion (April 20, 2029).

3. 03

   The company said revolving commitments under the Supplemental Revolving Credit Agreement totaled $2.0 billion before the amendment, comprising $0.1 billion due September 29, 2024 and $1.9 billion due April 26, 2026, and after the amendment the total remained the same at $2.0 billion, all due April 22, 2027.

4. 04

   The company said that under the 364-Day Revolving Credit Agreement, revolving commitments of $1.8 billion due April 24, 2024 before the amendment were changed to $2.5 billion due April 21, 2025 after the amendment.

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