CARDINAL HEALTH INC (CAH): debt financing — Cardinal Health issues $1B in notes to partially fund Solaris Health acquisition

CARDINAL HEALTH INC

Issued $600M of 4.500% notes due 2030 and $400M of 5.150% notes due 2035.
Net proceeds will fund a portion of the consideration for the proposed acquisition of Solaris Health.
Special mandatory redemption at 101% if acquisition not completed by Aug 12, 2026, or if abandoned.
Proceeds not escrowed; may be used for general corporate purposes pending acquisition close.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CARDINAL HEALTH INC incurred senior notes of $600,000,000 aggregate principal amount of 4.500% Notes due 2030 and $400,000,000 aggregate principal amount of 5.150% N with The Bank of New York Mellon Trust Company, N.A. at 4.500% and 5.150% maturing 2030 and 2035.

Instrument: senior notes
Principal: $600,000,000 aggregate principal amount of 4.500% Notes due 2030 and $400,000,000 aggregate principal amount of 5.150% N
Counterparty: The Bank of New York Mellon Trust Company, N.A.
Rate: 4.500% and 5.150%
Maturity: 2030 and 2035
Event: incurrence

Exact text from the filing

On August 27, 2025, Cardinal Health, Inc. (the “Company”) completed a public offering of $600,000,000 aggregate principal amount of 4.500% Notes due 2030 (the “2030 Notes”) and $400,000,000 aggregate principal amount of 5.150% Notes due 2035 (the “2035 Notes” and, together with the 2030 Notes, the “Notes”).

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12 debt financings filed in the last 30 days. Browse all debt financings →

CARDINAL HEALTH INC filing history →

Source: SEC EDGAR

accession 0001193125-25-189845

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