Walgreens files for bond offering to finance Alliance Boots purchase

New York –- Walgreens has reportedly filed for an eight-part benchmark bond offering to help finance its planned $5.3 billion purchase of U.K. drugstore retailer Alliance Boots GmBH. According to Bloomberg, Walgreens has filed with the SEC for three-, five-, seven-, 10-, 20- and 30-year fixed-rate bonds, as well as 18-month and three-year floating-rate notes.



The pricing of the bonds is expected to be announced later. Active bookrunners are Bank of America Merrill Lynch, Deutsche Bank, Goldman Sachs and Morgan Stanley, while passive bookrunners are HSBC, JP Morgan and Wells Fargo Securities. Walgreens initially announced it would make the purchase, ahead of the original option period which was between February and August 2015.