Cardinal Health Inc.
Cardinal Health Enters into $1.0 Billion Term Loan Credit Agreement
Summary
On December 5, 2024, Cardinal Health, Inc. entered into a Term Loan Credit Agreement providing commitments for a term loan facility in an aggregate amount of $1.0 billion. The Credit Agreement will mature three years after the date of borrowing and will be used to pay the cash consideration and transaction costs and expenses in connection with the proposed acquisitions of The GI Alliance Holdings, LLC and Advanced Diabetes Supply Group. The agreement also includes customary financial covenants and events of default.
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Exhibits (1)
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About Cardinal Health Inc.
Cardinal Health Inc. is a major global healthcare services and products company, distinguished for providing end-to-end medical solutions. Specializing in healthcare distribution and supply chain management, Cardinal Health serves a comprehensive array of clients including hospitals, pharmacies, and healthcare providers. Notably, the company distributes pharmaceuticals, medical products, and laboratory supplies, ensuring efficient delivery to improve healthcare outcomes. Based in Dublin, Ohio, Cardinal Health plays a pivotal role in enhancing healthcare operational efficiency, offering extensive services like inventory management, logistics optimization, and integrated healthcare solutions that empower providers to focus on patient care. As one of the largest pharmaceutical distributors in the United States, it holds substantial influence in the healthcare sector, pivotal in ensuring the availability of drugs and medical supplies across various platforms, contributing significantly to the healthcare infrastructure worldwide.
Official SEC Documents
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