---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-250325"
form_type: "8-K"
ticker: "GM"
cik: "0001467858"
company_name: "General Motors Co"
filed_at: "2023-10-04T23:59:59+00:00"
generated_at: "2026-06-10T04:43:55.238083+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# GM enters into $6B 364-day revolving credit facility with JPMorgan as administrative agent

## Summary
- Facility provides $6.0 billion unsecured borrowing capacity, matures October 1, 2024.
- Interest rates based on Term SOFR, Daily Simple SOFR, or base rate plus margin tied to GM's credit rating.
- Covenants require GM to maintain at least $4.0B global liquidity and $2.0B U.S. liquidity.
- Includes typical restrictions on mergers, asset sales, and indebtedness; lenders include major banks.
- Proceeds for general corporate purposes; replaces or supplements existing credit facilities.

## SEC filing metadata
- accession: 0001193125-23-250325
- form_type: 8-K
- ticker: GM
- cik: 0001467858
- company_name: General Motors Co
- filed_at: 2023-10-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1467858/000119312523250325/0001193125-23-250325-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1467858/000119312523250325/d468612d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-250325
- JSON: https://secwatch.observer/filing/0001193125-23-250325.json
- Plain text: https://secwatch.observer/filing/0001193125-23-250325.txt

## Key facts
- Debt Financings
  General Motors Co incurred revolving credit of $6.0 billion with JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders named therein at Term SOFR loans, Daily Simple SOFR loans or an alternative base rate, each subje maturing October 1, 2024.
  - Instrument: revolving credit
  - Principal: $6.0 billion
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders named therein
  - Rate: Term SOFR loans, Daily Simple SOFR loans or an alternative base rate, each subje
  - Maturity: October 1, 2024
  - Event: incurrence
  source text: JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders named therein (the “Facility”). The Facility is unsecured, provides available borrowing capacity of $6.0 billion, and matures on October 1, 2024. Interest rates on obligations under the Facility are based on prevailing annual interest rates for Term SOFR loans, Daily Simple SOFR loans or an
  evidence_url: https://www.sec.gov/Archives/edgar/data/1467858/000119312523250325/0001193125-23-250325-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.