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

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2026.06.12 12:13
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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.