On June 6, 2025, Henry Schein, Inc. announced the amendment and restatement of its existing credit agreements to optimize its financial operations. The company extended the termination date of its $750 million credit agreement to June 6, 2030, and modified financial definitions and covenants. The revised credit facility, involving several financial institutions including JPMorgan Chase Bank, U.S. Bank National Association, and The Toronto-Dominion Bank, is intended for working capital, corporate purposes, capital expenditures, stock repurchase, debt refinancing, and potential acquisitions. Additionally, Henry Schein updated its $1 billion revolving credit facility, originally dated August 20, 2021. Both agreements include customary covenants and default conditions, ensuring structured financial governance and flexibility for the company's strategic initiatives.
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