---
title: "McKesson Secures $2.25 Billion Senior Secured Term B Loan Due 2032 Led by JPMorgan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289596355.md"
description: "McKesson secured a $2.25 billion senior secured Term B loan facility due in 2032, led by JPMorgan Chase. The amendment to its April 2026 Credit Agreement aims to enhance liquidity and financial flexibility. Borrowings carry interest at Adjusted Term SOFR plus 2.25% or Base Rate plus 1.25%, secured by substantially all assets. The deal includes standard leverage and coverage covenants."
datetime: "2026-06-12T12:13:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289596355.md)
  - [en](https://longbridge.com/en/news/289596355.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289596355.md)
---

# McKesson Secures $2.25 Billion Senior Secured Term B Loan Due 2032 Led by JPMorgan

McKesson entered into an amendment to its April 2026 Credit Agreement to add a $2.25 billion senior secured Term B loan facility due 2032. Borrowings will bear interest at either Adjusted Term SOFR plus 2.25% or the Base Rate plus 1.25%; the borrower initially selected SOFR plus 2.25%. The facility is secured by substantially all assets of the borrower and certain U.S. subsidiaries and includes maximum net leverage and minimum interest coverage covenants. The move enhances the company’s liquidity and financial flexibility.

**Agreement details:**

-   **Agreement type**: Senior secured Term B loan facility due 2032
-   **Counterparty**: JPMorgan Chase Bank, as administrative agent, and other lenders
-   **Signed / Effective**: Jun 09 2026 / same
-   **Duration / Termination**: Due 2032
-   **Reason**: Enhance liquidity and financial flexibility

Original SEC Filing: MCKESSON CORP \[ MCK \] - 8-K - Jun. 12, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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