By Kimberly Chin

 

Walgreens Boots Alliance Inc. said it has entered into a senior unsecured revolving credit facility for $500 million on Tuesday, as the company works through challenges presented by the Covid-19 pandemic.

The loan will be used for general corporate purposes, according to a securities filing.

The loan's termination date is either 364 days after the facility goes into effect or when the whole of the agreement amount of commitments is ended, the company said.

 

Write to Kimberly Chin at kimberly.chin@wsj.com

 

(END) Dow Jones Newswires

April 07, 2020 18:55 ET (22:55 GMT)

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