Walgreens Boots Alliance, Inc. (NASDAQ: WBA ), a retail pharmacy giant with $152 billion in revenue and current market capitalization of $9.54 billion, has terminated two major credit agreements and initiated a new borrowing capacity, according to a recent SEC filing. On Thursday, April 24, 2025, the company's subsidiary, Wilmot Retail, LLC, established an accounts receivable securitization facility with a capacity of up to $2.5 billion. The move was made to repay existing debts under two senior unsecured delayed draw term loan credit agreements, one due in November 2026 and another in January 2026, with initial amounts of $1.0 billion each. The credit agreements, dated August 9, 2023, and December 19, 2022, were with Bank of America (NYSE: BAC ), N.A., and Toronto Dominion (Texas) LLC, respectively. The new facility was used to pay off the outstanding amounts and terminate the commitments under these term loan facilities.