Form 8-K · Current report
Cardinal Health 8-K, filed Aug 11, 2026
- Filed
- CIK
- 0000721371
- Accession no.
- 0000721371-26-000036
Summary
Cardinal Health entered a $4.0 billion unsecured revolving credit agreement with Wells Fargo as administrative agent and a syndicate of banks, maturing August 7, 2031 and replaceable of its prior $2.0 billion five-year facility, $1.0 billion 364-day facility and $1.0 billion receivables sale program, which were terminated the same day with no penalties.
Key points
- The new facility, dated August 7, 2026, allows up to $4.0 billion of revolving credit through August 7, 2031, extendable by up to two years subject to conditions.
- It requires Cardinal Health to keep a Consolidated Net Leverage Ratio no greater than 4.00 to 1.00 at the end of any fiscal quarter.
- The terminated facilities comprised a $2.0 billion five-year agreement from February 2023, a $1.0 billion 364-day agreement from October 2025, and a $1.0 billion committed receivables sale program.
- Cardinal Health said it will use the new facility for general corporate purposes.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 1.01Entry into a Material Definitive Agreement
- 1.02Termination of a Material Definitive Agreement
- 2.03Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
- 9.01Financial Statements and Exhibits
From the filing
Item 1.01: Entry into a Material Definitive Agreement On August 7, 2026, Cardinal Health, Inc., (the “Company”), Wells Fargo Bank, National Association (“WF”), as Administrative Agent, Wells Fargo Securities, LLC, BofA Securities, Inc., Goldman Sachs Bank USA, JPMorgan Chase Bank, N.A., as Joint Lead Arrangers and Joint Bookrunners, and Goldman Sachs Bank USA and JPMorgan Chase Bank, N.A., Barclays Bank plc, Deutsche Bank AG New York Branch, HSBC Bank USA, National Association, PNC Bank, National Association and The Bank of Nova Scotia, as Documentation Agents entered into an unsecured Credit Agreement (the “Credit Agreement”). …
An excerpt of the text as filed with the SEC, cut for length.
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