---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-344698"
form_type: "8-K"
ticker: "GM"
cik: "0001467858"
company_name: "General Motors Co"
filed_at: "2026-08-11T20:15:54+00:00"
generated_at: "2026-08-11T20:18:36.682818+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# GM establishes $4.5B supply-chain inventory financing program via IPU agreement

## Summary
- Master IPU Agreement with Procura Auto Parts LLC signed Aug 7, 2026; $4.5B max outstanding IPUs at any time.
- 12-month availability from Aug 7, 2026; interest at Daily Simple SOFR + 1.55%, paid monthly; 0.25% ticking fee on unutilized portion.
- Purpose: secure critical inventory for retail/fleet vehicle production against supply disruptions (weather, cyberattacks, excess demand).
- Final payment date Aug 6, 2029; IPUs accounted as unsecured debt, excluded from Adjusted Automotive Free Cash Flow until inventory purchased.
- Funding syndicate includes JPMorgan Chase Bank, N.A. and Banco Santander, S.A.

## SEC filing metadata
- accession: 0001193125-26-344698
- form_type: 8-K
- ticker: GM
- cik: 0001467858
- company_name: General Motors Co
- filed_at: 2026-08-11T20:15:54+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1467858/000119312526344698/0001193125-26-344698-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1467858/000119312526344698/d145571d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-344698
- JSON: https://secwatch.observer/filing/0001193125-26-344698.json
- Plain text: https://secwatch.observer/filing/0001193125-26-344698.txt

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