secwatch.observer — SEC 8-K summary
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Issuer:     General Motors Financial Company, Inc. (—)
CIK:        0000804269
Form:       8-K
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0001193125-23-086978
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GM Financial enters into $16.1B in new revolving credit facilities
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- Three unsecured facilities: $10B 5-year (matures 2028), $4.1B 3-year (2026), $2.0B 364-day (2024).
- GM guarantees subsidiary borrowings; subsidiaries no longer required to guarantee if GM loses investment grade.
- GM must maintain at least $4.0B global liquidity and $2.0B U.S. liquidity.
- Interest rates based on Term SOFR, Daily Simple SOFR, or base rate plus margin tied to GM's credit rating.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/804269/000119312523086978/0001193125-23-086978-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/804269/000119312523086978/d834154d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-086978

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