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Published on 4/27/2020 in the Prospect News Bank Loan Daily.

General Motors extends $3.6 billion portion of revolver to 2022

By Sarah Lizee

Olympia, Wash., April 27 – General Motors Co. amended on Friday its $4 billion three-year revolving credit agreement with JPMorgan Chase Bank, NA as administrative agent, extending the termination date for a $3.6 billion portion of the revolver to April 18, 2022, according to an 8-K filing with the Securities and Exchange Commission.

The termination date of April 18, 2021 for the remaining portion of the facility is unchanged.

The other material terms and conditions of the facility are unchanged, the filing noted.

General Motors is a Detroit-based automaker.


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