Jul. 3 at 8:07 PM
Cencora (
$COR) expands receivables facility to
$1.5B with enhanced accordion flexibility. While this boosts liquidity for pharma distribution ops, the debt-heavy balance sheet (7.76x D/E ratio) still looms large. Clever financial engineering or kicking the can? Market will decide.
https://www.sec.gov/Archives/edgar/data/1140859/000110465925065769/tm2519648d1_8k.htm