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Cardinal Health sends redemption notice for 2.616% notes due 2022
Chicago, Aug. 13 – Cardinal Health, Inc. is sending an irrevocable notice of redemption to holders of its $572,171,000 outstanding 2.616% notes due 2022, according to a press release.
The early redemption date is set for Sept. 15, pursuant to the June 2, 2008 indenture.
The notes will be redeemed with a make-whole premium equal to Treasuries plus 15 basis points. Interest will also be paid to the redemption date.
Cardinal Health is a Dublin, Ohio, distributor of medical products and pharmaceuticals.
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