Cardinal Health $5.2 billion notes issue

Overview:

• Cardinal Health has undertaken a $5.2 billion notes issue.
• The issuance consisted of $1 billion 1.948% notes due 2019, $1.15 billion 2.616% notes due 2022, $350 million floating-rate notes due 2022, $750 aggregate million 3.079% notes due 2024, $1.35 billion 3.410% notes due 2027 and $600 million 4.368% notes due 2047.
• The proceeds will be used for the acquisition of Medtronic's patient care, deep vein thrombosis and nutritional insufficiency businesses.
• Cardinal Health is a Fortune 500 global, integrated health care services and products company.

Katrin Kostadinova - Data analyst