Laboratory Corporation of America Holdings (LH) said Monday that it plans to offer senior notes that are expected to be issued in two tranches with maturities of 5 and 10 years.
The Notes will be senior unsecured obligations and will rank equally with LabCorp's existing and future senior unsecured debt.
The company said it plans to use the net proceeds of the offering to repay certain amounts outstanding under its existing credit facility dated December 21, 2011, and for general corporate purposes.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.