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Cardinal Health Announces Early Tender Results of Debt Tender Offer
Date:9/11/2009

DUBLIN, Ohio, Sept. 11 /PRNewswire-FirstCall/ -- Cardinal Health today announced the results of its early tender offer in connection with the offer to purchase up to an aggregate purchase price of $1.2 billion of its long-term debt securities.

The tender offer is part of a previously announced plan to reduce the company's long-term debt after the completion of the planned spinoff of CareFusion Corp. and includes notes issued by both Cardinal Health and one of its wholly owned subsidiaries, Allegiance Corp. After the close of business on Aug. 31, Cardinal Health completed the spinoff of CareFusion and received a cash distribution from CareFusion of approximately $1.4 billion.

Early Tender Results

As of 5 p.m., New York City time, on Thursday, Sept. 10, 2009 (the "early tender time"), the principal amounts of notes included in the table below have been tendered and not validly withdrawn, as reported by the tender agent:

                                                                     Principal
                                                                       Amount
                                                                      Tendered
                                                                       as of
                                            Principal                  Early
                                              Amount                   Tender
                                            Outstanding   Acceptance  Time (in
                       CUSIP/ISIN   Issuer (in millions)   Priority  millions)
          Notes          Number       (1)      (2)          Level        (3)

    7.80% Debentures    017475AB0;     A      $75.685           1     $31.450
     due Oct. 15, 2016 US017475AB07


    6.75% Notes due     14149YAF5;     C         $500           1    $279.781
     Feb. 15, 2011  
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SOURCE Cardinal Health, Inc.
Copyright©2009 PR Newswire.
All rights reserved

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