Moody's affirms Cardinal Health's Baa2 senior unsecured rating, outlook revised to positive
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 Moody's affirmed the Baa2 backed senior unsecured rating of Allegiance Corporation. The outlook was changed to positive from stable. The revis...
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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