Cardinal Health enters $1.0B term loan for acquisitions of GI Alliance and Advanced Diabetes

CARDINAL HEALTH INC

$1.0B aggregate term loan facility to pay cash consideration and transaction costs for pending acquisitions of GI Alliance (majority equity) and Advanced Diabetes Supply Group.
Commitment termination date is earlier of both acquisitions close without funding, both termination dates occur, or November 10, 2025.
Loans mature 3 years after borrowing; interest based on Term SOFR plus Applicable Margin tied to credit ratings.
Financial covenant requires Consolidated Net Leverage Ratio no greater than 3.75:1.0.
Customary representations, affirmative/negative covenants (liens, subsidiary debt), and events of default included.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.