CVS Caremark to redeem $1.09 billion of senior notes on July 27

By Tali Rackner

Norfolk, Va., July 26 – CVS Caremark Corp. called $1,088,656,000 of its senior notes, according to multiple notices.

The following will be redeemed in full on July 27:

• $541,305,000 of 5.75% notes due June 1, 2017, to be redeemed at 104.1762;

• $343,025,000 of 6.6% notes due March 15, 2019, to be redeemed at 113.7012; and

• $204,326,000 of 4.75% notes due May 18, 2020, to be redeemed at 113.2503.

The company will also pay accrued interest.

Bank of New York Mellon Trust Co., NA is the trustee agent.

CVS Caremark is a pharmacy retailer based in Scarsdale, N.Y.

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