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[8-K] Cardinal Health, Inc. Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Cardinal Health, Inc. filed an 8-K reporting execution of a Third Supplemental Indenture dated August 27, 2025, with The Bank of New York Mellon Trust Company, N.A., as trustee, and included forms of two note series: 4.500% Notes due 2030 and 5.150% Notes due 2035. The filing incorporates the original Indenture dated June 2, 2008, and includes legal opinions and consents from Cardinal Health's General Counsel and White & Case LLP, plus an embedded Inline XBRL cover page.

The disclosure documents appear to support issuance or amendment of long-term debt instruments by the company and provide legal and trustee documentation required for such securities. The filing is signed by Aaron E. Alt, Chief Financial Officer.

Cardinal Health, Inc. ha depositato un modulo 8-K che rende nota l'esecuzione di un Third Supplemental Indenture datato 27 agosto 2025 con The Bank of New York Mellon Trust Company, N.A., in qualit脿 di trustee, e allega i moduli relativi a due serie di obbligazioni: le 4,500% Notes in scadenza 2030 e le 5,150% Notes in scadenza 2035. Il documento integra l'Indenture originale datato 2 giugno 2008 e include pareri legali e consensi del General Counsel di Cardinal Health e di White & Case LLP, oltre a una pagina di copertina Inline XBRL incorporata.

I documenti divulgativi sembrano supportare l'emissione o la modifica di strumenti di debito a lungo termine da parte della societ脿 e forniscono la documentazione legale e del trustee necessaria per tali titoli. Il filing 猫 firmato da Aaron E. Alt, Chief Financial Officer.

Cardinal Health, Inc. present贸 un formulario 8-K en el que informa la ejecuci贸n de un Third Supplemental Indenture con fecha 27 de agosto de 2025 con The Bank of New York Mellon Trust Company, N.A. como fiduciario, e incluye los modelos de dos series de pagar茅s: Notas 4,500% con vencimiento en 2030 y Notas 5,150% con vencimiento en 2035. El informe incorpora el Indenture original fechado el 2 de junio de 2008 y adjunta opiniones legales y consentimientos del General Counsel de Cardinal Health y de White & Case LLP, adem谩s de una portada Inline XBRL incrustada.

Los documentos de divulgaci贸n parecen respaldar la emisi贸n o modificaci贸n de instrumentos de deuda a largo plazo por parte de la compa帽铆a y proporcionan la documentaci贸n legal y del fiduciario requerida para dichos valores. La presentaci贸n est谩 firmada por Aaron E. Alt, Chief Financial Officer.

Cardinal Health, Inc.電� 2025雲� 8鞗� 27鞚检瀽 鞝�3彀� 氤挫订 瓿勳暯(Third Supplemental Indenture)鞚� 靾橅儊鞛�(The Bank of New York Mellon Trust Company, N.A.)鞕 觳搓舶頄堨潓鞚� 氤搓碃頃橂姅 8-K毳� 鞝滌稖頄堨溂氅�, 霊� 臧滌潣 毂勱秾 鞁滊Μ歃� 靹滌嫕鞚� 2030 毵岅赴 4.500% 毂勱秾 氚� 2035 毵岅赴 5.150% 毂勱秾 鞏戩嫕鞚� 韽暔頄堨姷雼堧嫟. 鞚措矆 鞝滌稖靹滊姅 2008雲� 6鞗� 2鞚检瀽 鞗愲灅 Indenture毳� 韼胳瀰頃橁碃 鞛堨溂氅�, Cardinal Health鞚� 氩曤毂呾瀯鞛�(General Counsel)鞕 White & Case LLP鞚� 氩曤 鞚橁铂靹� 氚� 霃欖潣靹�, 攴鸽Μ瓿� 韽暔霅� Inline XBRL 響滌 韼橃澊歆毳� 韽暔頃╇媹雼�.

瓿店皽 氍胳劀電� 須岇偓鞚� 鞛リ赴 攵毂勳劚 歃濌秾 氚滍枆 霕愲姅 靾橃爼鞐� 雽頃� 攴缄卑毳� 鞝滉车頃橂姅 瓴冹溂搿� 氤挫澊氅�, 攴鸽煬頃� 歃濌秾鞐� 頃勳殧頃� 氩曥爜 氍胳劀鞕 靾橅儊鞛� 甏霠� 氍胳劀毳� 鞝滉车頃╇媹雼�. 頃措嫻 鞝滌稖靹滊姅 斓滉碃鞛毂呾瀯鞛�(CFO) Aaron E. Alt臧 靹滊獏頄堨姷雼堧嫟.

Cardinal Health, Inc. a d茅pos茅 un formulaire 8-K faisant 茅tat de l'ex茅cution d'un Third Supplemental Indenture dat茅 du 27 ao没t 2025 avec The Bank of New York Mellon Trust Company, N.A. en tant que trustee, et a joint les mod猫les correspondant 脿 deux s茅ries de titres : Notes 4,500% 茅ch茅ance 2030 et Notes 5,150% 茅ch茅ance 2035. Le d茅p么t int猫gre l'Indenture original dat茅 du 2 juin 2008 et comprend des avis juridiques et consentements du General Counsel de Cardinal Health et de White & Case LLP, ainsi qu'une page de couverture Inline XBRL int茅gr茅e.

Les documents de divulgation semblent appuyer l'茅mission ou la modification d'instruments de dette 脿 long terme par la soci茅t茅 et fournissent la documentation juridique et relative au trustee requise pour ces titres. Le d茅p么t est sign茅 par Aaron E. Alt, Chief Financial Officer.

Cardinal Health, Inc. reichte ein 8-K ein, das die Ausf眉hrung einer Third Supplemental Indenture vom 27. August 2025 mit The Bank of New York Mellon Trust Company, N.A. als Treuh盲nder meldet, und legte Muster f眉r zwei Schuldverschreibungsserien bei: 4,500% Notes f盲llig 2030 und 5,150% Notes f盲llig 2035. Die Einreichung nimmt die urspr眉ngliche Indenture vom 2. Juni 2008 auf und enth盲lt rechtliche Stellungnahmen und Zustimmungen des General Counsel von Cardinal Health sowie von White & Case LLP sowie eine eingebettete Inline XBRL-Titelseite.

Die Offenlegungsunterlagen scheinen die Ausgabe oder 脛nderung von langfristigen Schuldinstrumenten durch das Unternehmen zu unterst眉tzen und liefern die hierf眉r erforderlichen rechtlichen und treuh盲nderischen Dokumente. Die Einreichung ist von Aaron E. Alt, Chief Financial Officer, unterzeichnet.

Positive
  • Documented legal and trustee framework for the notes through a Third Supplemental Indenture and trustee involvement
  • Clear coupon and maturity terms4.500% due 2030 and 5.150% due 2035
  • Legal opinions and consents included from Cardinal Healths General Counsel and White & Case LLP, supporting compliance
Negative
  • Additional long-term fixed-rate obligations implied by the note forms, which could increase future interest expense
  • Key transactional details missing from the filing (principal amounts, pricing, use of proceeds, covenants), limiting assessment of financial impact

Insights

TL;DR: Cardinal Health executed a supplemental indenture and provided forms for two fixed-rate note series, indicating new or restructured long-term debt.

The filing documents a Third Supplemental Indenture and includes forms for a 4.500% note maturing 2030 and a 5.150% note maturing 2035, together with legal opinions and trustee arrangements. For investors, the items materially relate to the companys capital structure and potential interest expense profile because the stated coupons are fixed rates over multi-year maturities. The filing itself does not disclose principal sizes, use of proceeds, or pricing beyond coupon and maturity, so materiality to valuation depends on the eventual offering size and terms which are not included here.

TL;DR: Proper legal consents and trustee documentation accompany a supplemental indenture and note forms, reflecting governance and compliance steps for debt issuance.

The 8-K includes the original indenture reference, a Third Supplemental Indenture dated August 27, 2025, legal opinions from in-house counsel and White & Case LLP, and consents included as exhibits. These items complete the documentary record required for registering or issuing debt under the indenture framework. The filing confirms formal execution and counsel sign-off but does not provide transaction economics or covenants beyond the note coupons and maturities.

Cardinal Health, Inc. ha depositato un modulo 8-K che rende nota l'esecuzione di un Third Supplemental Indenture datato 27 agosto 2025 con The Bank of New York Mellon Trust Company, N.A., in qualit脿 di trustee, e allega i moduli relativi a due serie di obbligazioni: le 4,500% Notes in scadenza 2030 e le 5,150% Notes in scadenza 2035. Il documento integra l'Indenture originale datato 2 giugno 2008 e include pareri legali e consensi del General Counsel di Cardinal Health e di White & Case LLP, oltre a una pagina di copertina Inline XBRL incorporata.

I documenti divulgativi sembrano supportare l'emissione o la modifica di strumenti di debito a lungo termine da parte della societ脿 e forniscono la documentazione legale e del trustee necessaria per tali titoli. Il filing 猫 firmato da Aaron E. Alt, Chief Financial Officer.

Cardinal Health, Inc. present贸 un formulario 8-K en el que informa la ejecuci贸n de un Third Supplemental Indenture con fecha 27 de agosto de 2025 con The Bank of New York Mellon Trust Company, N.A. como fiduciario, e incluye los modelos de dos series de pagar茅s: Notas 4,500% con vencimiento en 2030 y Notas 5,150% con vencimiento en 2035. El informe incorpora el Indenture original fechado el 2 de junio de 2008 y adjunta opiniones legales y consentimientos del General Counsel de Cardinal Health y de White & Case LLP, adem谩s de una portada Inline XBRL incrustada.

Los documentos de divulgaci贸n parecen respaldar la emisi贸n o modificaci贸n de instrumentos de deuda a largo plazo por parte de la compa帽铆a y proporcionan la documentaci贸n legal y del fiduciario requerida para dichos valores. La presentaci贸n est谩 firmada por Aaron E. Alt, Chief Financial Officer.

Cardinal Health, Inc.電� 2025雲� 8鞗� 27鞚检瀽 鞝�3彀� 氤挫订 瓿勳暯(Third Supplemental Indenture)鞚� 靾橅儊鞛�(The Bank of New York Mellon Trust Company, N.A.)鞕 觳搓舶頄堨潓鞚� 氤搓碃頃橂姅 8-K毳� 鞝滌稖頄堨溂氅�, 霊� 臧滌潣 毂勱秾 鞁滊Μ歃� 靹滌嫕鞚� 2030 毵岅赴 4.500% 毂勱秾 氚� 2035 毵岅赴 5.150% 毂勱秾 鞏戩嫕鞚� 韽暔頄堨姷雼堧嫟. 鞚措矆 鞝滌稖靹滊姅 2008雲� 6鞗� 2鞚检瀽 鞗愲灅 Indenture毳� 韼胳瀰頃橁碃 鞛堨溂氅�, Cardinal Health鞚� 氩曤毂呾瀯鞛�(General Counsel)鞕 White & Case LLP鞚� 氩曤 鞚橁铂靹� 氚� 霃欖潣靹�, 攴鸽Μ瓿� 韽暔霅� Inline XBRL 響滌 韼橃澊歆毳� 韽暔頃╇媹雼�.

瓿店皽 氍胳劀電� 須岇偓鞚� 鞛リ赴 攵毂勳劚 歃濌秾 氚滍枆 霕愲姅 靾橃爼鞐� 雽頃� 攴缄卑毳� 鞝滉车頃橂姅 瓴冹溂搿� 氤挫澊氅�, 攴鸽煬頃� 歃濌秾鞐� 頃勳殧頃� 氩曥爜 氍胳劀鞕 靾橅儊鞛� 甏霠� 氍胳劀毳� 鞝滉车頃╇媹雼�. 頃措嫻 鞝滌稖靹滊姅 斓滉碃鞛毂呾瀯鞛�(CFO) Aaron E. Alt臧 靹滊獏頄堨姷雼堧嫟.

Cardinal Health, Inc. a d茅pos茅 un formulaire 8-K faisant 茅tat de l'ex茅cution d'un Third Supplemental Indenture dat茅 du 27 ao没t 2025 avec The Bank of New York Mellon Trust Company, N.A. en tant que trustee, et a joint les mod猫les correspondant 脿 deux s茅ries de titres : Notes 4,500% 茅ch茅ance 2030 et Notes 5,150% 茅ch茅ance 2035. Le d茅p么t int猫gre l'Indenture original dat茅 du 2 juin 2008 et comprend des avis juridiques et consentements du General Counsel de Cardinal Health et de White & Case LLP, ainsi qu'une page de couverture Inline XBRL int茅gr茅e.

Les documents de divulgation semblent appuyer l'茅mission ou la modification d'instruments de dette 脿 long terme par la soci茅t茅 et fournissent la documentation juridique et relative au trustee requise pour ces titres. Le d茅p么t est sign茅 par Aaron E. Alt, Chief Financial Officer.

Cardinal Health, Inc. reichte ein 8-K ein, das die Ausf眉hrung einer Third Supplemental Indenture vom 27. August 2025 mit The Bank of New York Mellon Trust Company, N.A. als Treuh盲nder meldet, und legte Muster f眉r zwei Schuldverschreibungsserien bei: 4,500% Notes f盲llig 2030 und 5,150% Notes f盲llig 2035. Die Einreichung nimmt die urspr眉ngliche Indenture vom 2. Juni 2008 auf und enth盲lt rechtliche Stellungnahmen und Zustimmungen des General Counsel von Cardinal Health sowie von White & Case LLP sowie eine eingebettete Inline XBRL-Titelseite.

Die Offenlegungsunterlagen scheinen die Ausgabe oder 脛nderung von langfristigen Schuldinstrumenten durch das Unternehmen zu unterst眉tzen und liefern die hierf眉r erforderlichen rechtlichen und treuh盲nderischen Dokumente. Die Einreichung ist von Aaron E. Alt, Chief Financial Officer, unterzeichnet.

CARDINAL HEALTH INC false 0000721371 0000721371 2025-08-27 2025-08-27
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 27, 2025

 

 

Cardinal Health, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Ohio   1-11373   31-0958666

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

7000 Cardinal Place, Dublin, Ohio 43017

(Address of Principal Executive Offices) (Zip Code)

(614) 757-5000

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Common shares (without par value)   CAH   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 1.01.

Entry Into a Material Definitive Agreement.

On August 27, 2025, Cardinal Health, Inc. (the “Company”) completed a public offering of $600,000,000 aggregate principal amount of 4.500% Notes due 2030 (the “2030 Notes”) and $400,000,000 aggregate principal amount of 5.150% Notes due 2035 (the “2035 Notes” and, together with the 2030 Notes, the “Notes”). The offering was made pursuant to the Company’s effective registration statement on Form S-3 (Registration Statement No. 333-289513) previously filed with the Securities and Exchange Commission (the “Registration Statement”).

The Notes will be governed by an Indenture, dated as of June 2, 2008 (the “Base Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), as supplemented by the Third Supplemental Indenture, dated as of August 27, 2025 (the “Third Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), between the Company and the Trustee.

The Company intends to use the net proceeds from the sale of the Notes to fund a portion of the consideration payable in connection with the Company’s proposed acquisition of Solaris Health (the “Acquisition”) and the fees and expenses in connection therewith. Pending application of the proceeds to fund the consideration payable in connection with the Acquisition, the Company may temporarily use such funds for general corporate purposes.

If (i) the Acquisition is not consummated on or before the later of (x) August 12, 2026 (the “End Date”) and (y) the date that is five business days after any later date to which the End Date may be extended in the Acquisition Agreement (as defined in the Third Supplemental Indenture) or (ii) the Company notifies the Trustee under the Indenture that the Company will not pursue the consummation of the Acquisition, the Company will be required to redeem the Notes (the “Special Mandatory Redemption”), in whole, at a special mandatory redemption price equal to 101% of the aggregate principal amount of the Notes being redeemed, plus accrued and unpaid interest, if any, to, but excluding, the Special Mandatory Redemption Date (as defined in the Third Supplemental Indenture). The proceeds from the sale of the Notes will not be deposited into an escrow account pending completion of the Acquisition or any Special Mandatory Redemption, nor will the Company be required to grant any security interest or other lien on those proceeds to secure any redemption of the Notes.

The foregoing descriptions of the Base Indenture, the Third Supplemental Indenture and the Notes do not purport to be complete and are qualified in their entirety by reference to the full text of the Base Indenture, which is incorporated herein by reference as Exhibit 4.1 to this Current Report on Form 8-K, and each of the Third Supplemental Indenture, the form of the 2030 Notes and the form of the 2035 Notes, each of which are filed as Exhibits 4.2, 4.3 and 4.4, respectively, to this Current Report on Form 8-K and are incorporated herein by reference.

In connection with the issuance of the Notes, Patrick Pope, Esq., Executive Vice President, General Counsel and Secretary of the Company, and White & Case LLP, counsel to the Company, delivered opinions to the Company regarding the legality of the Notes upon issuance and sale thereof. A copy of each opinion is filed as Exhibits 5.1 and 5.2, respectively.

The Company incorporates by reference the exhibits filed with this Current Report on Form 8-K into the Registration Statement.


Item 2.03.

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The descriptions of the Notes and the Third Supplemental Indenture in Item 1.01 of this Current Report on Form 8-K are incorporated herein by reference.

 

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits

 

Exhibit

No.

   Description
4.1    Indenture, dated as of June 2, 2008, between Cardinal Health, Inc., as issuer, and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to Exhibit 4.1 to Cardinal Health, Inc.’s Current Report on Form 8-K filed on June 2, 2008).
4.2    Third Supplemental Indenture, dated as of August 27, 2025, between Cardinal Health, Inc., as issuer, and The Bank of New York Mellon Trust Company, N.A., as trustee.
4.3    Form of 4.500% Notes due 2030 (included in Exhibit 4.2).
4.4    Form of 5.150% Notes due 2035 (included in Exhibit 4.2).
5.1    Opinion of Patrick Pope, Executive Vice President, General Counsel and Secretary of Cardinal Health, Inc.
5.2    Opinion of White & Case LLP.
23.1    Consent of Patrick Pope, Executive Vice President, General Counsel and Secretary (included in Exhibit 5.1).
23.2    Consent of White & Case LLP (included in Exhibit 5.2).
104    Cover Page Interactive Data File (embedded within the Inline XBRL document).

 


Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    Cardinal Health, Inc.
    (Registrant)
Date: August 27, 2025     By:  

/s/ AARON E. ALT

      Aaron E. Alt
      Chief Financial Officer

FAQ

What did Cardinal Health (CAH) disclose in this 8-K?

Cardinal Health filed a Third Supplemental Indenture dated August 27, 2025, included forms for 4.500% Notes due 2030 and 5.150% Notes due 2035, and provided legal opinions and consents.

Does the filing state how much debt Cardinal Health is issuing?

No. The 8-K includes note forms and the supplemental indenture but does not disclose principal amounts or aggregate issuance size.

Who is the trustee for the indenture?

The Bank of New York Mellon Trust Company, N.A. is named as trustee in the indenture documents referenced in the filing.

Are legal opinions and consents included in the filing?

Yes. The filing includes an opinion from Cardinal Health's Executive Vice President, General Counsel and Secretary, and an opinion and consent from White & Case LLP.

What are the stated coupon rates and maturities?

4.500% due 2030 and 5.150% due 2035 are the note series shown in the filing.
Cardinal Health Inc

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Medical Distribution
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United States
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