{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-080620","form_type":"8-K","ticker":"GM","cik":"0001467858","company_name":"General Motors Co","filed_at":"2024-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.257341+00:00","generated_at":"2026-06-04T06:01:55.936149+00:00","sec_items":["1.01","2.03","1.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"GM replaces $3B undrawn term loan with $2B 364-day revolver for GM Financial","bullets":["Terminated $3.0B 364-Day Delayed Draw Term Loan (Nov. 29, 2023) with no borrowings outstanding, no early termination penalties.","Entered $2.0B Sixth Amended and Restated 364-Day Revolving Credit Facility, matures March 27, 2025.","Unsecured facility allocated exclusively for GM Financial; GM guarantees subsidiary borrowings.","Interest rates based on Term SOFR, Daily Simple SOFR, or ABR plus margin based on credit rating.","Covenants: GM must maintain at least $4.0B global liquidity and $2.0B U.S. liquidity."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-080620","json":"https://secwatch.observer/filing/0001193125-24-080620.json","markdown":"https://secwatch.observer/filing/0001193125-24-080620.md","text":"https://secwatch.observer/filing/0001193125-24-080620.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1467858/000119312524080620/0001193125-24-080620-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1467858/000119312524080620/d810213d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T06:01:55.936149+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"caeea754fab780b0f38c1908422699bdfeab041a","claim":"General Motors Co incurred revolving credit of $2.0 billion with JPMorgan Chase Bank, N.A., as administrative agent at prevailing annual interest rates for Term SOFR loans, Daily Simple SOFR loans or maturing March 27, 2025.","evidence_excerpt":"agent, Bank of America, N.A., as co-syndication agent, and the lenders named therein (the “Renewed Facility”). The Renewed Facility is unsecured and consists of a 364-day, $2.0 billion facility and matures on March 27, 2025. The Renewed Facility is available to GM as well as certain of its wholly owned subsidiaries. However, GM has allocated the Renewed","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1467858/000119312524080620/0001193125-24-080620-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$2.0 billion"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Rate","value":"prevailing annual interest rates for Term SOFR loans, Daily Simple SOFR loans or"},{"label":"Maturity","value":"March 27, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"648323ea14eb8442000f591ed621991ab7b7ebc9","claim":"General Motors Co terminated November Facility with Bank of America, N.A., as administrative agent, and the other lenders named therein valued at $3.0 billion (effective 2024-03-28).","evidence_excerpt":"On March 28, 2024, the Company terminated its $3.0 billion 364-Day Delayed Draw Term Loan Credit Agreement, dated as of November 29, 2023, with Bank of America, N.A., as administrative agent, and the other lenders named therein (the \"November Facility\").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1467858/000119312524080620/0001193125-24-080620-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A., as administrative agent, and the other lenders named therein"},{"label":"Value","value":"$3.0 billion"},{"label":"Effective","value":"2024-03-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}