Ford Motor renews $13.4 billion revolver, extends until 2023, 2021

By Susanna Moon

Chicago, April 26 – Ford Motor Co. maintained $13.4 billion of revolving commitments and extended 75% of the commitments by one year to April 30, 2023 and the remaining 25% of commitments to April 30, 2021.

The company amended the credit agreement on Thursday with JPMorgan Chase Bank, NA as bookrunner, lead arranger and administrative agent, according to an 8-K filing with the Securities and Exchange Commission.

Banco Bradesco SA, Barclays Bank plc, BNP Paribas Securities Corp., Citigroup Global Markets Inc., Commerz Markets LLC, Credit Agricole CIB, Deutsche Bank Securities Inc., Goldman Sachs Bank USA, Industrial and Commercial Bank of China Ltd., New York Branch, Lloyds Securities Inc., Merrill Lynch, Mizuho Bank, Ltd., Morgan Stanley MUFG Loan Partners LLC, RBC Capital Markets, Societe Generale and Sumitomo Mitsui Banking Corp. are the bookrunners and lead arrangers.

Banco Bradesco SA, Bank of America, NA, Barclays Bank plc, BNP Paribas, Citibank, NA, Commerz Markets LLC, Credit Agricole CIB, Deutsche Bank Securities Inc., Goldman Sachs Bank USA, Industrial and Commercial Bank of China Ltd., New York Branch, Lloyds Securities Inc., Mizuho Bank, Ltd., Morgan Stanley MUFG Loan Partners LLC, Royal Bank of Canada, Societe Generale and Sumitomo Mitsui Banking Corp. are the co-syndication agents.

Industrial and Commercial Bank of China Ltd., New York Branch is the renminbi syndication agent.

The automaker is based in Dearborn, Mich.

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