secwatch.observer — SEC 8-K summary
======================================

Issuer:     CARDINAL HEALTH INC (CAH)
CIK:        0000721371
Form:       8-K
Filed at:   2026-08-11T10:38:34+00:00
Accession:  0000721371-26-000036
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cardinal Health replaces three credit facilities with $4.0B revolver due 2031
-----------------------------------------------------------------------------

- New $4.0B unsecured revolving credit facility, matures Aug 7, 2031, extendable by up to 2 years.
- Replaces $2.0B five-year, $1.0B 364-day, and $1.0B receivables purchase facilities (total $4.0B).
- Financial covenant: Consolidated Net Leverage Ratio ≤ 4.00:1.00 as of each fiscal quarter end.
- Proceeds for general corporate purposes; no penalties incurred from terminating prior facilities.
- Administrative Agent: Wells Fargo; Joint Lead Arrangers: WF Securities, BofA Securities, Goldman Sachs, JPMorgan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/721371/000072137126000036/0000721371-26-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/721371/000072137126000036/cah-20260807.htm
  HTML page:      https://secwatch.observer/filing/0000721371-26-000036

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