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Walgreens Boots Alliance | 424B5: Prospectus

SEC announcement ·  Aug 9 16:53
Summary by Moomoo AI
Walgreens Boots Alliance, Inc. (Walgreens Boots Alliance) has announced the issuance of $750,000,000 in 8.125% Notes due 2029. The notes will be unsecured, unsubordinated debt obligations and will rank equally with all other unsecured and unsubordinated indebtedness of Walgreens Boots Alliance. Interest on the notes will be paid semi-annually on February 15 and August 15, starting February 15, 2025, with the notes maturing on August 15, 2029. They will be redeemable at the company's option on or after August 15, 2026, with specific redemption prices plus accrued and unpaid interest. Additionally, the notes may be redeemed prior to August 15, 2026, at a redemption price equal to 100% of the principal amount plus a 'make-whole' premium and accrued and unpaid interest. The notes will not be listed on any securities exchange...Show More
Walgreens Boots Alliance, Inc. (Walgreens Boots Alliance) has announced the issuance of $750,000,000 in 8.125% Notes due 2029. The notes will be unsecured, unsubordinated debt obligations and will rank equally with all other unsecured and unsubordinated indebtedness of Walgreens Boots Alliance. Interest on the notes will be paid semi-annually on February 15 and August 15, starting February 15, 2025, with the notes maturing on August 15, 2029. They will be redeemable at the company's option on or after August 15, 2026, with specific redemption prices plus accrued and unpaid interest. Additionally, the notes may be redeemed prior to August 15, 2026, at a redemption price equal to 100% of the principal amount plus a 'make-whole' premium and accrued and unpaid interest. The notes will not be listed on any securities exchange, and currently, there is no public market for them. The offering is detailed in a prospectus supplement dated August 8, 2024, to the prospectus dated December 17, 2021, filed pursuant to Rule 424(b)(5) under the Securities Act. The joint book-running managers for the offering include J.P. Morgan, Wells Fargo Securities, BofA Securities, and others. The proceeds from the offering are intended for general corporate purposes, including the repayment and/or retirement of outstanding 3.800% notes due 2024 and any remaining amounts for general corporate purposes. The sale of the notes is expected to be completed on or about August 12, 2024.

This announcement is a separate document:

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