---
schema_version: "secwatch.filing_event.v1"
accession: "0000927653-24-000110"
form_type: "8-K"
ticker: "MCK"
cik: "0000927653"
company_name: "MCKESSON CORP"
filed_at: "2024-09-10T23:59:59+00:00"
generated_at: "2026-05-31T05:48:44.748000+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# McKesson issues $500M 4.250% notes due 2029 to redeem higher-rate 2026 notes

## Summary
- Issued $500M aggregate principal of 4.250% Notes due 2029 at 99.946% of par.
- Net proceeds ~$498M after underwriting discount; use to fund redemption of 5.250% Notes due 2026.
- Notes rank equally with existing unsecured debt; redeemable at make-whole plus 15 bps before Aug 15, 2029.
- Calls all $500M of 5.250% 2026 Notes at 100% plus accrued interest; refinancing lowers coupon by 100 bps.

## SEC filing metadata
- accession: 0000927653-24-000110
- form_type: 8-K
- ticker: MCK
- cik: 0000927653
- company_name: MCKESSON CORP
- filed_at: 2024-09-10T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/927653/000092765324000110/0000927653-24-000110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/927653/000092765324000110/mck-20240905.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000927653-24-000110
- JSON: https://secwatch.observer/filing/0000927653-24-000110.json
- Plain text: https://secwatch.observer/filing/0000927653-24-000110.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.