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Whitecase

Industry: Finance

Full Credential Description

Global law firm White Case LLP advised Cardinal Health, Inc. on a public offering of US$1 billion in senior notes. This offering included US$600 million in 4.500% notes due in 2030 and US$400 million in 5.150% notes due in 2035. Cardinal Health, a key player in the healthcare industry, operates as a distributor of pharmaceuticals and a global manufacturer and distributor of medical and laboratory products, in addition to providing performance and data solutions for healthcare facilities. The tailored solution provided by White Case involved a comprehensive approach to structuring the notes offering, ensuring compliance with regulatory requirements while optimizing the of the notes to meet Cardinal Healths financial strategy. The team, led by Capital Markets partners Elodie Gal and David Johansen, along with US Public Company Advisory partner Maia Gez, successfully navigated the complexities of the capital markets to facilitate this significant transaction. As a result of this offering, Cardinal Health was able to enhance its financial flexibility, allowing for strategic investments and operational improvements. The successful issuance of these notes not only strengthened Cardinal Healths balance sheet but also positioned the company for future growth in a competitive healthcare landscape.