DUBLIN, Ohio, Sept. 11 /PRNewswire-FirstCall/ -- Cardinal Health today announced the results of its early tender offer in connection with the offer to purchase up to an aggregate purchase price of $1.2 billion of its long-term debt securities.
Early Tender Results
The Tender Offer
Notes with an acceptance priority level of other than one validly tendered and not validly withdrawn by the early tender time that are accepted for purchase by Cardinal Health will be eligible to receive the total consideration, which is the sum of the tender offer consideration and the early tender premium, each as described in the Offer to Purchase. Notes validly tendered and not validly withdrawn after the early tender time, but prior to the expiration time, that are accepted for purchase by Cardinal Health will be eligible to receive the tender offer consideration, but will not be eligible to receive the early tender premium.
In addition to receiving the applicable consideration, holders of notes validly tendered and accepted for purchase will receive accrued and unpaid interest on the notes from the last interest payment date for the notes up to, but not including, the applicable settlement date for the notes.
The tender offer is conditioned on the satisfaction of certain conditions, which are set forth in the Offer to Purchase. Notwithstanding any other provision of the tender offer, Cardinal Health will not be required to accept any notes for purchase, and may terminate, extend or amend the tender offer, and may postpone the acceptance of notes tendered to the offer if any of the conditions to the offer have not been satisfied or waived by Cardinal Health. Holders are urged to read the Offer to Purchase and the related Letter of Transmittal carefully before making any decision with respect to the offer.
Requests for documents and questions regarding the tendering of notes may be directed to D.F. King & Co. Inc. by telephone at (212) 269-5550 for bankers and brokers and (800) 431-9645 (toll free) for all others. Questions regarding the offer may be directed to Barclays Capital Inc. at (800) 438-3242 (toll free) or (212) 528-7581, RBS Securities Inc. at (877) 297-9832 (toll free) or (203) 897-6145 and UBS Securities LLC at (888) 719-4210 (toll free) or (203) 719-4210. The Offer to Purchase and related Letter of Transmittal were distributed to holders beginning August 27, 2009. Copies of the Offer to Purchase and the Letter of Transmittal related to the offer may also be obtained at no charge from the information agent.
Cardinal Health, Inc.
