Davis Polk advised the joint lead arranger and bookrunner, and the administrative agent, in connection with a $4 billion unsecured revolving credit facility provided to McKesson Corporation. The proceeds of the facility will be used for general corporate purposes.
McKesson is a global leader in healthcare supply chain management solutions, retail pharmacy, healthcare technology, community oncology and specialty care, and is currently ranked 7th on the FORTUNE 500. McKesson partners with life sciences companies, manufacturers, providers, pharmacies, governments and other healthcare organizations to help provide the medicines, medical products and healthcare services to the patients at the right time, safely and cost effectively.
The Davis Polk finance team included partner Jeong M. Lee, associates William Son, Anu Akinbamidele and Samuel S. Feldman. Partner Mary Conway and associate Jonathan Saltz provided tax advice. Counsel Jeanine P. McGuinness provided regulatory advice. Counsel Charles Shi provided executive compensation advice. Counsel David A. Zilberberg provided environmental advice. Members of the Davis Polk team are based in the New York and Washington DC offices.