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McKesson Expands Capital Structure with New Term Loan

Tipranks - Sat Jun 13, 7:40AM CDT

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An update from McKesson ( (MCK) ) is now available.

On June 9, 2026, McKesson subsidiaries including McKesson Medical-Surgical Top Holdings, Inc. amended an existing credit agreement to add a $2.25 billion senior secured term B loan facility maturing in 2032, with borrowings bearing interest at either an adjusted Term SOFR-based rate plus a 2.25% margin or a base rate plus a 1.25% margin. The facility is secured by substantially all tangible and intangible assets of the borrower and certain U.S. subsidiaries, and it subjects the borrower to leverage and interest coverage covenants, reinforcing the company’s capital structure while deepening relationships with major banking partners involved in broader commercial and investment banking activities with McKesson.

The most recent analyst rating on (MCK) stock is a Buy
with a $925.00 price target.
To see the full list of analyst forecasts on McKesson stock,
see the MCK Stock Forecast page.

Spark’s Take on MCK Stock

According to Spark, TipRanks’ AI Analyst, MCK is a Neutral.

The score is driven primarily by solid financial execution (strong revenue growth and improved profitability) and constructive earnings guidance with significant shareholder returns. These positives are tempered by very weak current technicals (oversold, below major moving averages), thin structural margins with cash-flow variability, and financing/separation-related cost and leverage considerations.

To see Spark’s full report on MCK stock,
click here.

More about McKesson

McKesson Corporation operates in the healthcare and medical-surgical distribution industry through subsidiaries such as McKesson Medical-Surgical Top Holdings, Inc. The company provides medical-surgical supplies, pharmaceuticals and related services, focusing on distributing healthcare products and solutions across the U.S. market to hospitals, clinics and other care providers.

Average Trading Volume: 1,023,271

Technical Sentiment Signal: Buy

Current Market Cap: $94.62B

For a thorough assessment of MCK stock, go to TipRanks’ Stock Analysis page.

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