General Motors Co. said Wednesday it agreed to a $6 billion, 364-day revolving credit agreement with 21 banks led by JPMorgan Chase & Co. as administrative...
General Motors Co. GM, -3.36% said Wednesday it agreed to a $6 billion, 364-day revolving credit agreement with 21 banks led by JPMorgan Chase & Co. JPM, -0.74% as administrative agent and Citigroup Inc.’s C, -1.
58% 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.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JPMorgan Chase CEO Jamie Dimon on whether AI will replace some jobs: 'Of course, yeah'Jamie Dimon recently discussed artificial intelligence (AI) with Bloomberg, weighing in on how it could affect jobs and how it could get utilized at the bank.
Read more »
Foo Fighters announce 2024 ‘Everything or Nothing At All’ Tour. Get ticketsThe tour kicks off with two huge shows at Citi Field on July 17-18, 2024.
Read more »
'Eventually something will break': JPMorgan strategist warns rising bond yields could unleash a 'financial accident'Here's one reason investors might consider betting on a bond-market rebound: because if prices keep falling, and yields keep rising, it could trigger a...
Read more »
These are JPMorgan’s top stocks for OctoberJPMorgan shares its top stocks list for October, including three new addition — one which has rallied over 155% this year but still has 25% upside.
Read more »
Steer clear of European luxury stocks, says RBC, as Citi upgrades the sectorEuropean luxury groups face a number of headwinds says RBC analyst. But Citi disagrees.
Read more »
JPMorgan CEO Jamie Dimon says AI could bring a 3½-day workweekThe JPMorgan Chase CEO says thousands of his bank employees are already using artificial intelligence in their work.
Read more »