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CareFusion to issue up to $1.4 billion senior notes in private sale
By Andrea Heisinger
New York, June 18 - CareFusion Corp. announced Thursday that it plans to issue up to $1.4 billion senior notes in a private offering via Rule 144A, according to an 8-K filing with the Securities and Exchange Commission.
Proceeds will be used for a special cash distribution to parent company Cardinal Health, Inc. in connection with a planned spinoff of CareFusion.
Cardinal and its subsidiaries, including CareFusion, provide products and services to the health care sector. The company is based in Dublin, Ohio.
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