March 24, 2020 / 10:48 PM / in 4 days

BRIEF-US Foods Holding Corp Borrows From Its ABL Facility

March 24 (Reuters) - US Foods Holding Corp:

* US FOODS HOLDING CORP - ON MARCH 23, 2020, US FOODS BORROWED $300 MILLION UNDER ABL FACILITY

* US FOODS HOLDING CORP - ON MARCH 24, 2020, US FOODS BORROWED AN ADDITIONAL $400 MILLION UNDER ABL FACILITY

* US FOODS HOLDING CORP - BORROWINGS MADE FOR PURPOSE OF INCREASING CASH ON HAND, PRESERVE FINANCIAL FLEXIBILITY DUE TO UNCERTAINTY FROM COVID-19 Source text (bit.ly/2UA04ZB) Further company coverage:

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