Cardinal Health extends receivables facility to 2028

Cardinal Health, Inc. reported that several of its receivables financing subsidiaries and major banking partners entered into a First Amendment to an existing Fifth Amended and Restated Receivables Purchase Agreement originally dated September 1, 2023.

Rhea-AI Filing Summary

Cardinal Health, Inc. reported that several of its receivables financing subsidiaries and major banking partners entered into a First Amendment to an existing Fifth Amended and Restated Receivables Purchase Agreement originally dated September 1, 2023. The principal change is an extension of the term of this receivables financing facility to September 28, 2028, helping maintain access to funding backed by customer receivables.

Key counterparties include Wells Fargo, Liberty Street Funding, The Bank of Nova Scotia, PNC Bank, Bank of America, Victory Receivables Corporation and MUFG Bank. These institutions or their affiliates also provide other services to Cardinal Health, such as acting as dealers under its commercial paper program and participating in its $2.0 billion revolving credit facility.

8-K Event Classification

2 items: 1.01, 9.01

2 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What agreement did Cardinal Health (CAH) amend in this 8-K?

Cardinal Health subsidiaries and multiple banks entered into a First Amendment to the Fifth Amended and Restated Receivables Purchase Agreement originally dated September 1, 2023.

What is the main change to Cardinal Health's receivables facility?

The principal purpose of the amendment is to extend the term of the receivables financing facility to September 28, 2028.

Which Cardinal Health entities are involved in the amended receivables agreement?

Involved entities include Cardinal Health Funding, LLC, Cardinal Health 23 Funding, LLC, Griffin Capital, LLC, and Cardinal Health 23, LLC, along with Cardinal Health, Inc. acting through its indirect subsidiaries as servicers.

Which financial institutions are parties to Cardinal Health's amended receivables facility?

Parties include Wells Fargo Bank, N.A., Liberty Street Funding LLC, The Bank of Nova Scotia, PNC Bank, National Association, Bank of America, National Association, Victory Receivables Corporation, and MUFG Bank, LTD.

What other roles do these banks play for Cardinal Health (CAH)?

Wells Fargo and Bank of America serve as dealers under Cardinal Health’s commercial paper program, and MUFG, The Bank of Nova Scotia, Wells Fargo, PNC and Bank of America or their affiliates are members of the lending syndicate under the company’s $2.0 billion revolving credit facility.

Where can investors find the full text of the receivables amendment?

The First Amendment to the Fifth Amended and Restated Receivables Purchase Agreement is filed as Exhibit 10.1, with the cover page Inline XBRL data included as Exhibit 104.

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Accepted by SEC EDGAR 10/03/2025 - 06:25 AM Learn about SEC filing dates

0000721371false00007213712025-09-302025-09-30

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 30, 2025

Cardinal Health, Inc.

(Exact name of registrant as specified in its charter)

Ohio

1-11373

31-0958666

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

7000 Cardinal Place, Dublin, Ohio 43017

(614) 757-5000

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common shares (without par value)			CAH			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   p

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.

Item 9.01: Financial Statements and Exhibits

(d) Exhibits

Exhibit Number			Exhibit Description
10.1			First Amendment, dated September 30, 2025, to the Fifth Amended and Restated Receivables Purchase Agreement
104			Cover Page Interactive Data File (embedded within the Inline XBRL document)

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Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Cardinal Health, Inc.

(Registrant)

Date:

October 3, 2025

By:

/s/ AARON E. ALT

Aaron E. Alt

Chief Financial Officer

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