secwatch.observer — SEC 8-K summary
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Issuer:     CARDINAL HEALTH INC (CAH)
CIK:        0000721371
Form:       8-K
Filed at:   2024-10-10T23:59:59+00:00
Accession:  0000721371-24-000112
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cardinal Health enters $1.0B 364-day credit facility, ups commercial paper program to $3.0B
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- $1.0B revolving credit facility matures Oct 7, 2025, with optional term-out conversion.
- Commercial paper program max increased from $2.0B to $3.0B via Fourth Amendment.
- Covenant requires Consolidated Net Leverage Ratio <= 3.75x at each fiscal quarter end.
- Interest based on Term SOFR plus margin based on credit rating; facility fee on total commitment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/721371/000072137124000112/0000721371-24-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/721371/000072137124000112/cah-20241008.htm
  HTML page:      https://secwatch.observer/filing/0000721371-24-000112

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer