Medline Inc. Refinancing and Note Issuance

Summary

On May 28, 2026, Medline Inc. completed a refinancing transaction involving the issuance of $1.25 billion of 5.000% senior secured notes due 2031 and $750.0 million of 5.250% senior secured notes due 2033. The proceeds were used to repay existing debt, refinance a term loan facility, and redeem certain notes. Additionally, certain selling stockholders completed an underwritten public offering of 72,554,594 shares of the company's Class A common stock.