Summary
McKesson Corporation (MCK) filed an 8-K report on January 28, 2002, to disclose the issuance and sale of $400 million aggregate principal amount of 7 3/4% Notes due 2012. This offering is being made under a previously filed Registration Statement on Form S-3, supplemented by a prospectus supplement dated January 24, 2002. The closing of this significant debt offering is scheduled for January 29, 2002. This debt issuance represents a material financing event for McKesson, providing the company with substantial capital. Investors should note that the proceeds from these notes will be used to support McKesson's ongoing operations and strategic initiatives. The specific terms of the notes, including the interest rate of 7.75% and maturity in 2012, are detailed, along with the relevant underwriting and indenture agreements filed as exhibits.
Key Highlights
- 1McKesson Corporation is issuing and selling $400 million in aggregate principal amount of 7 3/4% Notes due 2012.
- 2The debt offering is scheduled to close on January 29, 2002.
- 3The issuance is made under a Form S-3 Registration Statement filed on April 24, 1998, and supplemented on January 24, 2002.
- 4Key exhibits include the Underwriting Agreement with J.P. Morgan Securities Inc. and Banc of America Securities LLC, and the Form of Indenture with The Bank of New York as Trustee.
- 5The filing includes the form of the 7 3/4% Note due 2012.
- 6The Bank of New York's eligibility as trustee under the Trust Indenture Act of 1939 is also documented.