AmerisourceBergen Closes $400 Million Offering Of Senior Notes

Posted on: Fri, 20 Nov 2009 04:04:00 EST

Symbols: ABC

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Nov 20, 2009 (FinancialWire via COMTEX) --
ABC | Quote | Chart | News | PowerRating -- (Comment on this article at http://www.financialwire.net/2009/11/20/amerisourcebergen-closes-400-million-offering-of-senior-notes/)

November 20, 2009 (FinancialWire) -- AmerisourceBergen Corp. (NYSE: ABC | Quote | Chart | News | PowerRating) has completed its public offering of $400 million principal amount of 4.875% senior notes due November 15, 2019. The company plans to use approximately $221.9 million of the net proceeds from this offering to repay substantially all the amounts outstanding under its multi-currency revolving credit facility. The remainder of the proceeds will be used for general corporate purposes.

AmerisourceBergen is a pharmaceutical services firm with operations primarily in the United States, Canada.

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Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

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For full details on AmerisourceBergen Corp (ABC) ABC. AmerisourceBergen Corp (ABC) has Short Term PowerRatings at TradingMarkets. Details on AmerisourceBergen Corp (ABC) Short Term PowerRatings is available at This Link.

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