Walgreen (WAG) Prices $1 Billion, 10-Year Bond Offering
More News related to WAG
- Walgreens (WAG) June Comp Sales Up 3.4%
- Walgreens June Sales Increase 9.0 Percent
- Take Care Health Systems Expands Treatment for Skin Conditions and Minor Injuries
- Walgreens Goes more than Halfway in Negotiations to Reach a Compromise with Delaware State Medicaid Program
- Walgreens Opens the Nation's First LEED Registered Drugstore in Mira Mesa, Calif.
Walgreen Co. (NYSE: WAG) has priced an offering of $1 billion aggregate principal amount of 5.25% notes due 2019. Net proceeds from the offering will be used by Walgreen Co. for repayment of short-term debt incurred under its commercial paper program and general corporate purposes. The offering is expected to close on Jan. 13, 2009, subject to customary closing conditions.
Banc of America Securities LLC, Goldman, Sachs & Co., J.P. Morgan Securities Inc. and Morgan Stanley & Co. Incorporated are acting as joint book-running managers of the offering, and Wells Fargo Securities, LLC and Loop Capital Markets, LLC are acting as co-managers of the offering.
Walgreen Company (Walgreens) is principally a retail drugstore chain that sells prescription and non-prescription drugs, and general merchandise. [SM]
Related Categories
Equity OfferingsStocks Mentioned
-1.79Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
