Cardinal Health Extends Receivables Financing Facility to 2028 in Amended Agreement with Major Financial Institutions
**Cardinal Health Extends Receivables Financing Facility to 2028** Cardinal Health Inc. has announced an amendment to its existing receivables purchase agreement, extending the term of its financing facility to September 28, 2028. The amendment, executed on September 30, 2025, involves several affiliated financing subsidiaries including Cardinal Health Funding, LLC and Cardinal Health 23 Funding, LLC, as well as major financial institutions such as Wells Fargo, Liberty Street Funding, The Bank of Nova Scotia, PNC Bank, Bank of America, Victory Receivables Corporation, and MUFG Bank. The facility, originally established in 2023, enables Cardinal Health to optimize its working capital by selling certain receivables to these financial partners. The extension underscores the continued support from Cardinal Health's banking partners, many of whom also participate in the company's $2 billion revolving credit facility and other financial programs. The full details of the amendment are available in Cardinal Health's latest 8-K filing.
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