Cardinal Health (CAH) has released an update.
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Cardinal Health, Inc. recently concluded a significant public offering, issuing $1.15 billion in Notes with maturity dates in 2029 and 2034, at interest rates of 5.125% and 5.450% respectively. This move, underpinned by a robust underwriting agreement with major financial institutions, signals a confident market approach and showcases the company’s commitment to long-term financial planning. The offering aligns with the company’s existing registration statement and is supported by legal opinions confirming the Notes’ legitimacy, underscoring the company’s solid compliance and governance framework.
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