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McKesson Secures $2.0 Billion Senior Secured Credit Facilities Led by JPMorgan
McKesson (MCK) has established new senior secured credit facilities totaling $2.0 billion. These facilities include a $750 million Term Loan A-1, a $250 million Term Loan A-2, and a $1.0 billion revolving credit facility, with initial interest rates tied to Adjusted Term SOFR and Term Benchmark Rate. JPMorgan Chase Bank is the administrative agent, and these facilities are secured by substantially all company assets, aiming to enhance McKesson’s liquidity and financial flexibility.