General Motors Co. said Wednesday it agreed to a $6 billion, 364-day revolving credit agreement with 21 banks led by JPMorgan Chase & Co. as administrative...
General Motors Co. GM, -3.36% said Wednesday it agreed to a $6 billion, 364-day revolving credit agreement with 21 banks led by JPMorgan Chase & Co. JPM, -0.74% as administrative agent and Citigroup Inc.’s C, -1.
58% Citibank N.A. unit as syndication agent. The facility requires that GM maintain at least $4 billion in global liquidity and at least $2 billion in U.S. liquidity. GM’s stock was up 0.5% in premarket trading on Wednesday.
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