Cencora Raises $1.8 Billion for Strategic Acquisition

Cencora ( (COR) ) has issued an update.

Cencora, Inc. has announced the pricing of $1.8 billion in senior notes in a public offering, with the proceeds intended to fund its acquisition of Retina Consultants of America and other corporate needs. The offering includes notes due in 2027, 2029, and 2035, reflecting the company’s strategic financial maneuvering to support its growth plans. Major financial institutions such as BofA Securities and Citigroup are involved in this transaction, highlighting its significance in the financial market.

For an in-depth examination of COR stock, go to TipRanks’ Stock Analysis page.