Walgreens Enters Into $500 Million Credit Agreement
08 April 2020 - 9:10AM
Dow Jones News
By Kimberly Chin
Walgreens Boots Alliance Inc. said it has entered into a senior
unsecured revolving credit facility for $500 million on Tuesday, as
the company works through challenges presented by the Covid-19
pandemic.
The loan will be used for general corporate purposes, according
to a securities filing.
The loan's termination date is either 364 days after the
facility goes into effect or when the whole of the agreement amount
of commitments is ended, the company said.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
April 07, 2020 18:55 ET (22:55 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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