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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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