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AI brief of an SEC Form 8-K · McKesson (MCK)

McKesson signs $2.0 billion senior secured credit facilities through subsidiary

Neutral Impact 3 of 5 financing Written later

On April 1, 2026, McKesson subsidiary McKesson Medical-Surgical Top Holdings, Inc. entered a credit agreement with JPMorgan Chase Bank as administrative agent, providing $2.0 billion of senior secured facilities: two term loans and a $1.0 billion revolver. The loans are secured by substantially all assets of the borrower and certain material U.S. subsidiaries, and include a maximum leverage ratio and minimum interest coverage ratio tested quarterly.

Key points

  • Term Loan A-1 of $750.0 million due 2031 and Term Loan A-2 of $250.0 million due 2028
  • $1,000.0 million revolving credit facility maturing April 1, 2031
  • Initial rate on Term Loan A is Adjusted Term SOFR plus 1.250% per annum
  • Credit agreement is filed as Exhibit 10.1 to the 8-K

The filing

CompanyMcKesson (MCK)
Form8-K, current report
Filed with the SECApr 6, 2026, 8:03 AM ET
Accession number0000927653-26-000045

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:16 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 April 06, 2026.

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.