November 16, 2009 / 2:52 PM / 10 years ago

UPDATE 1-Cardinal Health amends credit agreement

* $950 million facility extended by almost one year

* Shares of Cardinal Health rise 1.1 pct on NYSE

CHICAGO, Nov 16 (Reuters) - Drug distributor Cardinal Health Inc (CAH.N), which recently spun off its CareFusion CFN.N medical products unit, said on Monday that its lenders had agreed to extend the terms of a receivables purchase agreement by a year.

The company originally entered into the $950 million revolving receivables purchase facility in November 2007.

Shares of Cardinal Health rose 35 cents, or 1.1 percent, to $31.43 in morning trading on the New York Stock Exchange. (Reporting by Susan Kelly; Editing by Lisa Von Ahn)

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