07.11.2014 18:05:00
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Cardinal Health, Inc. -- Moody's assigns Baa2 to Cardinal Health's new senior unsecured notes; stable outlook
New York, November 07, 2014 -- Moody's Investors Service assigned a Baa2 rating to Cardinal Health, Inc.'s (Cardinal's) new $1.2 billion senior unsecured note offering and a (P) Baa2 to the company's senior unsecured shelf. Proceeds from this offering will primarily be used to prepay future debt maturities. All of Cardinal's existing ratings remain unchanged.