Cardinal Health, Inc. is a healthcare services and products company founded in 1971 and headquartered in Dublin, Ohio, dedicated to improving the cost-effectiveness of healthcare. The company provides a wide range of services, including pharmaceutical distribution, medical supply chain management, and health solutions for hospitals and healthcare providers.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Cardinal Health first entered the bond market in the late 1990s, with significant issuances to finance acquisitions and strategic initiatives. In 2020, the company issued $1.5 billion in senior unsecured notes to enhance its liquidity amid the COVID-19 pandemic, reflecting its strong market position. Currently, Cardinal Health’s bond yields are competitive within the healthcare industry, with features such as call options and maturity ranges that cater to various investor preferences, underscoring its commitment to maintaining financial flexibility and stability.