GM Announces Revolving Credit Facility - Quick Facts

(RTTNews) - General Motors Co. (GM) announced the execution of an unsecured $16.5 billion revolving credit facility that amends and extends the company's existing $14.5 billion revolving credit facility and establishes a new $2.0 billion 364-day facility.

The company said the renewed facility consists of a $10.5 billion five-year facility, a $4.0 billion three-year facility, and a $2.0 billion 364-day facility.

GM has allocated the $2.0 billion 364-day facility for exclusive use by GM Financial. Total available credit to the Automotive segment under the facility remains unchanged at $14.5 billion.