Cardinal Health Inc.
Cardinal Health Announces Major Debt Offering and Loan Commitment Termination
Summary
Cardinal Health, Inc. announced the completion of a public offering of $2.9 billion aggregate principal amount of senior notes due in 2026, 2029, 2034, and 2054 to fund acquisitions and terminated the excess commitments under a bridge loan facility. The notes are governed by an indenture, and the company intends to use the proceeds for funding acquisition considerations and related fees and expenses. If the acquisition is not completed by the specified date, the company must redeem the notes at a special mandatory redemption price.
Profitelligence Alerts
Get alerts for CAH
Be first to know when Cardinal Health Inc. files with the SEC.
Filing Categories
Exhibits (3)
Advertisement
About Cardinal Health Inc.
Cardinal Health Inc. is a major global healthcare services and products company, distinguished for providing end-to-end medical solutions. Specializing in healthcare distribution and supply chain management, Cardinal Health serves a comprehensive array of clients including hospitals, pharmacies, and healthcare providers. Notably, the company distributes pharmaceuticals, medical products, and laboratory supplies, ensuring efficient delivery to improve healthcare outcomes. Based in Dublin, Ohio, Cardinal Health plays a pivotal role in enhancing healthcare operational efficiency, offering extensive services like inventory management, logistics optimization, and integrated healthcare solutions that empower providers to focus on patient care. As one of the largest pharmaceutical distributors in the United States, it holds substantial influence in the healthcare sector, pivotal in ensuring the availability of drugs and medical supplies across various platforms, contributing significantly to the healthcare infrastructure worldwide.
Official SEC Documents
Advertisement