6 days ago
Cardinal Health Starts High-Grade Bond Sale to Fund Solaris Deal
Cardinal Health Inc. plans to sell bonds in the US investment-grade primary market on Wednesday to help fund its acquisition of Solaris Health.
The health-care company is marketing dollar-denominated five-year and 10-year senior unsecured bonds, according to a person with knowledge of the matter. The longest portion of the offering, a 10-year security, may yield 1.25 percentage points above Treasuries, said the person, who asked not to be identified as the details are private.
