AmerisourceBergen to redeem 4 7/8% notes with funds from new notes

New York, Nov. 29 – AmerisourceBergen Corp. plans to redeem its 4 7/8% senior notes due Nov. 15, 2019 with proceeds from an offering of new senior notes in two tranches.

Funds from the offering will also be used to finance the company’s acquisition of H.D. Smith for $815 million in cash, according to a 424B5 filing with the Securities and Exchange Commission.

The new notes will be sold in tranches due 2027 and 2047.

AmerisourceBergen is a Chesterbrook, Pa., provider of pharmaceutical sourcing and distribution services.

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