Summary by Futu AI
Walgreens Boots Alliance, Inc. (Walgreens Boots Alliance) has announced the issuance of $750,000,000 in 8.125% Notes due 2029. The notes will be unsecured, unsubordinated debt obligations and will rank equally with all other unsecured and unsubordinated indebtedness of Walgreens Boots Alliance. Interest on the notes will be paid semi-annually on February 15 and August 15, starting February 15, 2025, with the notes maturing on August 15, 2029. They will be redeemable at the company's option on or after August 15, 2026, with specific redemption prices plus accrued and unpaid interest. Additionally, the notes may be redeemed prior to August 15, 2026, at a redemption price equal to 100% of the principal amount plus a 'make-whole' premium and accrued and unpaid interest. The notes will not be listed on any securities exchange...Show More