GM said it entered into three revolving credit agreements on March 25, 2025 with 5-Year, 3-Year and 364-Day. It said the unsecured Facilities total $10 billion, $4.1 billion and $2.0 billion, respectively.

1. 01

   GM said it entered into three revolving credit agreements on March 25, 2025 with 5-Year, 3-Year and 364-Day. It said the unsecured Facilities total $10 billion, $4.1 billion and $2.0 billion, respectively.

2. 02

   The company said the 5-Year Facility matures on March 25, 2030, the 3-Year Facility on March 25, 2028 and the 364-Day Facility on March 24, 2026. It explained that it has allocated the 364-Day Facility for exclusive use by General Motors Financial Company, Inc.

3. 03

   GM said the 5-Year and 3-Year Facilities allow borrowing in U.S. Dollars and other currencies, while the 364-Day Facility allows borrowing in U.S. Dollars only. The company said interest rates are based on Term SOFR, Daily Simple SOFR or an alternative base rate, plus an applicable margin set by credit rating. It also said it guarantees the obligations of subsidiary borrowers.

4. 04

   General Motors said the Facilities require it to maintain at least $4.0 billion in global liquidity and at least $2.0 billion in U.S. liquidity. It explained that the agreements include limits on mergers and asset sales and on the incurrence of indebtedness.

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