secwatch.observer — SEC 8-K summary
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Issuer:     MCKESSON CORP (MCK)
CIK:        0000927653
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0000927653-22-000100
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

McKesson enters new $4B revolver maturing 2027 and $500M term loan maturing 2025
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- $4.0B revolving credit facility matures Nov 2027, replaces $4.0B facility set to mature Sep 2024.
- $500M unsecured delayed draw term loan matures Nov 2025; available for 90 days after closing.
- Financial covenant requires total debt / Consolidated EBITDA ≤ 4.00x; temporary step-up to 4.50x for acquisitions ≥$500M.
- No borrowings outstanding under the terminated facility; proceeds for general corporate purposes.
- ESG targets (KPIs) may adjust facility fee and margins via amendment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/927653/000092765322000100/0000927653-22-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/927653/000092765322000100/mck-20221107.htm
  HTML page:      https://secwatch.observer/filing/0000927653-22-000100

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