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AI brief of an SEC Form 8-K · Cardinal Health (CAH)

Cardinal Health enters $1.0 billion 364-day revolving credit agreement through October 2026

Neutral Impact 2 of 5 financing Written later

Cardinal Health signed a new 364-day credit agreement with Bank of America as administrative agent, giving it access to $1.0 billion of revolving credit through October 6, 2026. It replaces an agreement entered into in October 2024 that has expired, and the facility backs the company's commercial paper program.

Key points

  • Credit agreement dated October 7, 2025, with Bank of America, N.A. as administrative agent
  • Revolving credit access of $1.0 billion through October 6, 2026, with an option to convert outstanding loans into term loans repayable one year after that date
  • Financial covenant requires a Consolidated Net Leverage Ratio of no greater than 3.75 to 1.00 at each fiscal quarter end

The filing

CompanyCardinal Health (CAH)
Form8-K, current report
Filed with the SECOct 10, 2025, 6:33 AM ET
Accession number0000721371-25-000125

Items reported: 1.01 Material Definitive Agreement

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 10, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.