The New York Entrepreneur

: GM lines up $6B in financing from JPMorgan Chase, Citi and other lenders

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General Motors Co. GM said Wednesday it agreed to a $6 billion, 364-day revolving credit agreement with 21 banks led by JPMorgan Chase & Co. JPM as administrative agent and Citigroup Inc.’s C 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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