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AmerisourceBergen expected to launch $800 million minimum bonds on Tuesday
By Paul A. Harris
St. Louis, Sept. 1 - AmerisourceBergen Corp. is expected to launch an $800 million minimum offering of bonds on Tuesday, according to a market source.
Lehman Brothers has the books.
Proceeds from the offering will be used to finance the tender for $500 million of the company's 8 1/8% senior notes due 2008 and $300 million of its 7¼% senior notes due 2012.
AmerisourceBergen is a Valley Forge, Pa., pharmaceutical services company servicing both pharmaceutical manufacturers and health care providers in the pharmaceutical supply channel, providing drug distribution and related services.
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