CVS Health to redeem $2.37 billion 3.7% notes due 2023 on Dec. 28

By Wendy Van Sickle

Columbus, Ohio, Dec. 13 – CVS Health Corp. will redeem for cash all of its 3.7% senior notes due March 9, 2023 on Dec. 28.

The $2,366,000,000 of notes will be redeemed at a price that includes a make-whole premium plus any accrued interest to the redemption date.

The company plans to fund the redemption using available cash and short-term debt, according to an 8-K filing with the Securities and Exchange Commission.

CVS is a Woonsocket, R.I.-based retail pharmacy operator and pharmacy benefits manager.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.