AI English summary of an SEC filing — figures as filed

Ford said it entered into the Twenty-Second Amendment on April 17, 2025. Before the amendment, commitments of $25 million (2026-04-26), $3.4 billion (2027-04-22), $0.1 billion (2028-04-26) and $10.0 billion (2029-04-20) were set to mature. Under the amendment, they were changed to $3.4 billion (2028-04-17) and $10.1 billion (2030-04-17) commitments.

8-KEntry into a Material Definitive AgreementFiled Apr 17, 2025Period of report Apr 17, 2025Summary published (UTC) Oct 16, 2026

Key points

AI summary

Ford said it entered into the Twenty-Second Amendment on April 17, 2025. Before the amendment, commitments of $25 million (2026-04-26), $3.4 billion (2027-04-22), $0.1 billion (2028-04-26) and $10.0 billion (2029-04-20) were set to mature. Under the amendment, they were changed to $3.4 billion (2028-04-17) and $10.1 billion (2030-04-17) commitments.
The company said it extended the maturity of the $2.0 billion commitments under the Supplemental Revolving Credit Agreement from 2027-04-22 to 2028-04-17. It also extended the maturity of the $2.5 billion commitments under the 364-Day Revolving Credit Agreement from 2025-04-21 to 2026-04-16.
Ford said each credit facility under the amended agreements is unsecured and that it has guaranteed the obligations of the subsidiary borrowers. It said U.S. dollar borrowings bear interest at Daily Simple SOFR or an alternative base rate, plus an applicable margin. It also said the margin may be adjusted depending on whether it achieves sustainability-linked targets.
Ford said the amended Credit Agreements include a liquidity covenant requiring it to maintain a minimum of $4 billion in aggregate of domestic cash, cash equivalents, loaned and marketable securities, and/or availability under the agreements. It also said borrowing conditions do not include a material adverse change condition or credit rating triggers.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Credit Agreement maturity changes

Ford said it entered into the Twenty-Second Amendment on April 17, 2025. Before the amendment, commitments of $25 million (2026-04-26), $3.4 billion (2027-04-22), $0.1 billion (2028-04-26) and $10.0 billion (2029-04-20) were set to mature. Under the amendment, they were changed to $3.4 billion (2028-04-17) and $10.1 billion (2030-04-17) commitments.

Source · Based on the filing body and exhibits

Supplemental and 364-Day credit agreement amendments

The company said it extended the maturity of the $2.0 billion commitments under the Supplemental Revolving Credit Agreement from 2027-04-22 to 2028-04-17. It also extended the maturity of the $2.5 billion commitments under the 364-Day Revolving Credit Agreement from 2025-04-21 to 2026-04-16.

Source · Based on the filing body and exhibits

Unsecured structure and interest terms

Ford said each credit facility under the amended agreements is unsecured and that it has guaranteed the obligations of the subsidiary borrowers. It said U.S. dollar borrowings bear interest at Daily Simple SOFR or an alternative base rate, plus an applicable margin. It also said the margin may be adjusted depending on whether it achieves sustainability-linked targets.

Source · Based on the filing body and exhibits

Liquidity covenant and borrowing conditions

Ford said the amended Credit Agreements include a liquidity covenant requiring it to maintain a minimum of $4 billion in aggregate of domestic cash, cash equivalents, loaned and marketable securities, and/or availability under the agreements. It also said borrowing conditions do not include a material adverse change condition or credit rating triggers.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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