Cencora Inc. has announced a significant update to its financial operations with the entry into a Twenty-Second Amendment to the Amended and Restated Receivables Purchase Agreement. The amendment, effective June 30, 2025, involves subsidiaries of Cencora and includes an increase in the receivables securitization facility to $1.5 billion, up from the previous $1.45 billion. Additionally, the amendment enhances the company's option to raise commitments by participating banks to an additional $500 million through an Accordion Feature, an increase from the earlier $250 million. This feature is now accessible to the company during any quarter of its fiscal year. The updated facility aims to provide additional liquidity and funding for Cencora's ongoing business needs.
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