Cencora said on February 5, 2024 that it priced $500,000,000 aggregate principal amount of its 5.125% Senior Notes due 2034 in an underwritten registered public offering.

1. 01

   Cencora said on February 5, 2024 that it priced $500,000,000 aggregate principal amount of its 5.125% Senior Notes due 2034 in an underwritten registered public offering.

2. 02

   The company said it expects the net proceeds, after deducting the underwriting discount and offering expenses, to be about $494.6 million upon closing. It said it plans to use the proceeds to redeem all of its 3.400% Senior Notes due May 15, 2024, with any remaining proceeds for general corporate purposes.

3. 03

   The company said it entered into an Underwriting Agreement with BofA Securities, Citigroup Global Markets, J.P. Morgan Securities and Wells Fargo Securities on February 5, 2024. It expects the sale of the notes to close on February 7, 2024, subject to the closing conditions.

4. 04

   The company said some of the underwriters or their affiliates hold its 2024 Notes. It said that if the net proceeds of the offering are used to redeem the 2024 Notes, those underwriters or their affiliates will receive a portion of the proceeds.

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Original filing

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