secwatch.observer — SEC 8-K summary
======================================

Issuer:     MCKESSON CORP (MCK)
CIK:        0000927653
Form:       8-K
Filed at:   2023-06-16T23:59:59+00:00
Accession:  0001193125-23-168978
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.02, 8.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

McKesson issues $1B of 4.900%/5.100% notes due 2028/2033; retires $271M of 2024 notes via tender
--------------------------------------------------------------------------------

- Issued $400M 4.900% notes due 2028 and $600M 5.100% notes due 2033; net proceeds ~$991.2M after underwriting.
- Concurrent tender offer purchased $271M (29.52%) of outstanding $918M 3.796% notes due 2024; retired and cancelled.
- Remaining 2024 notes satisfied and discharged via deposit of U.S. government obligations with trustee.
- Remaining net proceeds from new notes will be used for general corporate purposes.
- Notes are unsecured, unsubordinated, rank equally with existing unsecured debt; make-whole redemption provisions apply.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/927653/000119312523168978/0001193125-23-168978-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/927653/000119312523168978/d481928d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-168978

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer