Simpson Thacher represented McKesson Corporation and its subsidiary, McKesson Medical-Surgical Top Holdings Inc., in connection with an amendment to its existing credit facility providing for a $2.25 billion six-year senior secured term B credit facility. JPMorgan Chase Bank, N.A., Bank of America, N.A., Citigroup Global Markets Inc., Goldman Sachs Bank USA and Wells Fargo Securities, LLC acted as joint lead arrangers.
McKesson Corporation is a diversified healthcare services leader dedicated to advancing health outcomes for patients everywhere. McKesson’s teams partner with biopharma companies, care providers, pharmacies, manufacturers, governments, and others to deliver insights, products, and services to help make quality care more accessible and affordable. McKesson Corporation previously announced its intent to spin off its Medical-Surgical Solutions segment into an independent company.
The Simpson Thacher team included Katie Reaves, Young Bin (Peter) Bang, Emma Li and Isabelle Yuan (Credit); and Edgar Lewandowski (Capital Markets).