Davis Polk advised the joint book-running managers in connection with the SEC-registered offering by Cardinal Health, Inc. of $1 billion aggregate principal amount of its 1.948% notes due 2019, $1.15 billion aggregate principal amount of its 2.616% notes due 2022, $350 million aggregate principal amount of its floating-rate notes due 2022, $750 aggregate million principal amount of its 3.079% notes due 2024, $1.35 billion aggregate principal amount of its 3.410% notes due 2027 and $600 million aggregate principal amount of its 4.368% notes due 2047. The proceeds will pay, in part, for Cardinal Health, Inc.’s acquisition of stock and assets consisting of Medtronic plc’s patient care, deep vein thrombosis and nutritional insufficiency businesses.

Cardinal Health, Inc. is a Fortune 500 global, integrated healthcare services and products company, providing customized solutions for hospital systems, pharmacies, ambulatory surgery centers and physician offices worldwide.

The Davis Polk team included partner John B. Meade and associates Alice Z. Chen, Joseph S. Payne and Rahim Manji. Counsel Ethan R. Goldman and associate Yoojin L. Kim provided tax advice. All members of the Davis Polk team are based in the New York office.

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