General Motors terminates undrawn $2 billion revolving credit facility

By Wendy Van Sickle

Columbus, Ohio, Dec. 17 – General Motors Co. delivered a notice on Dec. 13 to JPMorgan Chase Bank, NA as administrative agent to terminate the company’s $2 billion three-year revolving credit facility dated Jan. 14, 2019, according to an 8-K filing with the Securities and Exchange Commission.

The revolver matures was undrawn at termination. It was due to expire on Jan. 14, 2022.

General Motors is a Detroit-based automaker.

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