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Cardinal Health extends $1.5 billion revolver by two years to 2018
By Angela McDaniels
Tacoma, Wash., June 5 - Cardinal Health, Inc. extended its $1.5 billion revolving credit facility to June 4, 2018 from May 12, 2016.
The amendment was made on Tuesday, according to an 8-K filing with the Securities and Exchange Commission.
The revolver backs the company's existing $1.5 billion commercial paper program and may be used for general corporate purposes.
JPMorgan Chase Bank, NA is the administrative agent.
Cardinal Health is a Dublin, Ohio-based health-care services company that provides pharmaceutical and medical products.
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