McKesson enters $5B revolving credit facility maturing April 2031

MCKESSON CORP

New $5.0B revolving credit facility replaces $1.0B 364-day and $4.0B five-year facilities.
Facility matures April 2031; includes $4.5B sublimit for CAD, GBP, EUR borrowings.
No borrowings outstanding at termination of prior facilities; total leverage covenant ≤4.25x (step-up to 4.75x for $500M+ acquisitions).
Interest rate based on ratings grid: SOFR loans 0.625% to 1.25% margin, base rate loans 0% to 0.25%.
Existing facilities terminated on April 24, 2026 upon effectiveness of new credit agreement.

item 1.01 item 1.02 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MCKESSON CORP terminated Existing 364-Day Credit Facility (effective 2026-04-24).

Action: termination
Agreement: credit facility
Effective: 2026-04-24

Exact text from the filing

The Existing 364-Day Credit Facility was scheduled to mature in May 2026 and provided a revolving line of credit of up to $1.0 billion.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MCKESSON CORP terminated Existing Credit Facility (effective 2026-04-24).

Action: termination
Agreement: credit facility
Effective: 2026-04-24

Exact text from the filing

The Existing Credit Facility was scheduled to mature in November 2029 and provided a revolving line of credit available of up to $4.0 billion

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MCKESSON CORP entered into Credit Agreement with Bank of America, N.A. valued at $5.0 billion (effective 2026-04-24).

Action: entry
Agreement: credit facility
Counterparty: Bank of America, N.A.
Value: $5.0 billion
Effective: 2026-04-24

Exact text from the filing

On April 24, 2026, McKesson Corporation ("McKesson" or the "Company") entered into a Credit Agreement (the "New Revolving Credit Facility") among the Company, as borrower, the lenders party thereto, Bank of America, N.A., as administrative agent, and the other parties thereto.

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MCKESSON CORP filing history →

Source: SEC EDGAR

accession 0000927653-26-000053

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