Moody's Ratings affirms Cardinal Health at Baa2; outlook revised to stable
Moody's Ratings (Moody's) affirmed Cardinal Health, Inc.'s ("Cardinal") Baa2 senior unsecured ratings and Prime-2 commercial paper rating. At the same time, we affirmed the Baa2 backed senior unsecured rating of Allegiance Corporation. The outlook was changed to stable from positive. The rating ac...
Cardinal Health is a healthcare services and products company providing customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories and physician offices. The company's segments include: Pharmaceutical and Medical. The company's Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical and over-the-counter healthcare and consumer products in the United States. The company's Medical segment manufactures, sources and distributes Cardinal Health branded medical, surgical and laboratory products, which are sold in the United States, Canada, Europe, Asia and other markets.
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