Cardinal Health Inc.
10/03/2025 | Press release | Distributed by Public on 10/03/2025 04:26
Material Agreement (Form 8-K)
Item 1.01 Entry Into A Material Definitive Agreement
On September 30, 2025, Cardinal Health Funding, LLC ("Funding"), a receivables financing subsidiary of Griffin Capital, LLC ("Griffin Capital"), Cardinal Health 23 Funding, LLC ("CH-23 Funding"), a receivables financing subsidiary of Cardinal Health 23, LLC ("CH-23"), Griffin Capital, a receivables financing indirect subsidiary of Cardinal Health, Inc. (the "Company"), as original servicer, CH-23, a receivables financing indirect subsidiary of the Company, as servicer, Wells Fargo Bank, N.A. ("WF"), Liberty Street Funding LLC ("Liberty Street"), The Bank of Nova Scotia ("BNS"), PNC Bank, National Association ("PNC"), Bank of America, National Association ("BofA"), Victory Receivables Corporation ("Victory") and MUFG Bank, LTD ("MUFG") entered into a First Amendment (the "Amendment") to the Fifth Amended and Restated Receivables Purchase Agreement dated September 1, 2023.
The principal purpose of the Amendment is to extend the term of the facility to September 28, 2028. The Amendment is filed as Exhibit 10.1 to this Current Report on Form 8-K and the foregoing description is qualified by reference to the full text of the Amendment and Restatement.
From time to time, the financial institutions that are parties to the Amendment or their affiliates have performed, and may in the future perform, various commercial banking, investment banking or other financial advisory services for the Company and its affiliates for which they receive customary fees and expenses. For example, WF and BofA serve as dealers under the Company's commercial paper program and MUFG, BNS, WF, PNC and BofA or their affiliates currently act as members of the lending syndicate under the Company's $2.0 billion revolving credit facility.
Cardinal Health Inc. published this content on October 03, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on October 03, 2025 at 10:26 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]