Labcorp Holdings Inc

NYSE:LHUnited States

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• LABCORP PRICES $650,000,000 IN 4.350% SENIOR NOTES DUE 2030, $500,000,000 IN 4.550% SENIOR NOTES DUE 2032 AND $850,000,000 IN 4.800% SENIOR NOTES DUE 2034, from 8 hours ago by PR Newswire

  8 hours ago by PR Newswire
  Companies Mentioned: LH

  Labcorp Holdings Inc. (NYSE:LH) (Labcorp) announced today that its wholly owned subsidiary, Laboratory Corporation of America Holdings (LCAH), has priced its offering of $2,000,000,000 in senior notes (the Offering). The Offering consists of three tranches: $650,000,000 aggregate principal amount of 4.350% Senior Notes due 2030 (the 2030 Notes), $500,000,000 aggregate principal amount of 4.550% Senior Notes due 2032 (the 2032 Notes) and $850,000,000 aggregate principal amount of 4.800% Senior Notes due 2034 (the 2034 Notes and, together with the 2030 Notes and the 2032 Notes, the Notes). The Notes will bear interest from September 23, 2024, payable semi-annually on April 1 and October 1, commencing on April 1, 2025. The 2030 Notes will be issued at 99.931% of par value and will mature on April 1, 2030. The 2032 Notes will be issued at 99.608% of par value and will mature on April 1, 2032. The 2034 Notes will be issued at 99.755% of par value and will mature on October 1, 2034. The Offering is expected to close on September 23, 2024, subject to the satisfaction of customary closing conditions. The Notes will be LCAH's senior unsecured obligations, will rank equally with LCAH's existing and future senior unsecured debt and will be fully and unconditionally guaranteed by Labcorp.

• Labcorp Holdings Unit Prices $2 Billion Debt Offering, from 16 hours ago by MT Newswires

  16 hours ago by MT Newswires
  Companies Mentioned: LH
  03:38 AM EDT, 09/17/2024 (MT Newswires) -- Labcorp Holdings (LH) said late Monday its Laboratory Corporation of America Holdings subsidiary priced an offering of $2 billion of senior notes in three tranches. The offering includes $650 million of 4.3...