Davis Polk advised underwriters represented by Goldman, Sachs & Co. and Merrill Lynch, Pierce, Fenner & Smith Incorporated in connection with the offering of $4.1 billion aggregate principal amount of notes issued by McKesson Corporation. The notes were offered in five tranches maturing in 2015, 2017, 2019, 2024 and 2044.
McKesson Corporation is a health care services and information technology company providing supply, information and care management products and services designed to reduce costs and improve quality across the health care industry. McKesson conducts its business through a distribution solutions segment that distributes ethical and proprietary drugs, medical-surgical supplies and equipment, and health and beauty care products throughout North America, and a technology solutions segment that delivers enterprise-wide clinical, patient care, financial, supply chain, strategic management software solutions, pharmacy automation for hospitals, as well as connectivity, outsourcing and other services, including remote hosting and managed services, to health care organizations.
The Davis Polk corporate team included partner Deanna L. Kirkpatrick and associates Meghan Maloney and Ryan G. Mitteness. The tax team included partner Michael Mollerus and associate Ameya V. Bapat. The environmental team included counsel Loyti Cheng and associate Michael Comstock. All members of the Davis Polk team are based in the New York office.