Labcorp enters USD 750 million term loan credit agreement with Wells Fargo-led lenders

Reuters03-21 05:02

Labcorp enters USD 750 million term loan credit agreement with <a href="https://laohu8.com/S/EOD">Wells Fargo</a>-led lenders

Labcorp entered into a senior unsecured term loan credit agreement providing for a USD 750 million term loan maturing on March 20, 2028.
Laboratory Corporation of America Holdings is the borrower and Labcorp is the parent guarantor.
Wells Fargo is the administrative agent and Wells Fargo Securities is the sole bookrunner.
The loan bears interest at a floating rate based on SOFR plus 0.7% or a base rate plus 0%.
The term loan was fully funded on March 20, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Labcorp Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-117879), on March 20, 2026, and is solely responsible for the information contained therein.

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