The company entered into a Term Loan Credit Agreement with JPMorgan Chase Bank, N.A. as administrative agent on July 28, 2025, and the lenders provided $3.0 billion in commitments.

1. 01

   The company entered into a Term Loan Credit Agreement with JPMorgan Chase Bank, N.A. as administrative agent on July 28, 2025, and the lenders provided $3.0 billion in commitments.

2. 02

   Ford said the commitments are available to it through July 28, 2026, after which any unused commitments will automatically terminate and any drawn loans will mature on December 31, 2028.

3. 03

   Ford said the agreement is unsecured and carries market interest rates for Daily Simple SOFR loans (or an alternative base rate) plus an applicable margin, and that this margin is not adjusted based on sustainability-linked targets.

4. 04

   Ford said the agreement includes a liquidity covenant requiring it to maintain at least $4 billion in aggregate of domestic cash, cash equivalents, loaned and marketable securities, and/or availability under its existing credit facilities, and that it has no material adverse change conditions or credit rating triggers.

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.

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.