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Express Scripts Extends Exchange Offer Related to Senior Notes

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- Express Scripts Holding Company (NASDAQ: ESRX) (the "Company") today announced that it has extended until January 11, 2013 at 5:00 p.m., New York City time, the expiration date of its offer to exchange:

o an aggregate principal amount of up to $900,000,000 of its 2.750% Senior Notes due 2014 and the related subsidiary guarantees, which have been registered under the Securities Act of 1933, as amended (the "Securities Act"), for a like principal amount at maturity of the Company's issued and outstanding 2.750% Senior Notes due 2014 and the related subsidiary guarantees (the "Old 2014 Notes") from the registered holders thereof, o an aggregate principal amount of up to $1,000,000,000 of its 2.100% Senior Notes due 2015 and the related subsidiary guarantees which have been registered under the Securities Act, for a like principal amount at maturity of the Company's issued and outstanding 2.100% Senior Notes due 2015 and the related subsidiary guarantees (the "Old 2015 Notes") from the registered holders thereof, o an aggregate principal amount of up to $1,250,000,000 of its 3.500% Senior Notes due 2016 and the related subsidiary guarantees which have been registered under the Securities Act, for a like principal amount at maturity of the Company's issued and outstanding 3.500% Senior Notes due 2016 and the related subsidiary guarantees (the "Old 2016 Notes") from the registered holders thereof, o an aggregate principal amount of up to $1,500,000,000 of its 2.650% Senior Notes due 2017 and the related subsidiary guarantees which have been registered under the Securities Act, for a like principal amount at maturity of the Company's issued and outstanding 2.650% Senior Notes due 2017 and the related subsidiary guarantees (the "Old 2017 Notes") from the registered holders thereof, o an aggregate principal amount of up to $1,250,000,000 of its 4.750% Senior Notes due 2021 and the related subsidiary guarantees which have been registered under the Securities Act, for a like principal amount at maturity of the Company's issued and outstanding 4.750% Senior Notes due 2021 and the related subsidiary guarantees (the "Old 2021 Notes") from the registered holders thereof, o an aggregate principal amount of up to $1,000,000,000 of its 3.900% Senior Notes due 2022 and the related subsidiary guarantees which have been registered under the Securities Act, for a like principal amount at maturity of the Company's issued and outstanding 3.900% Senior Notes due 2022 and the related subsidiary guarantees (the "Old 2022 Notes") from the registered holders thereof, and o an aggregate principal amount of up to $700,000,000 of its 6.125% Senior Notes due 2041 and the related subsidiary guarantees which have been registered under the Securities Act, for a like principal amount at maturity of the Company's issued and outstanding 6.125% Senior Notes due 2041 and the related subsidiary guarantees (the "Old 2041 Notes") from the registered holders thereof.   

The exchange offer had been scheduled to expire at 5:00 p.m., New York City time, on January 8, 2013. As of 5:00 p.m., New York City time, on January 8, 2013, approximately (i) $898,550,000 in aggregate principal amount of the Old 2014 Notes, (ii) $984,550,000 in aggregate principal amount of the Old 2015 Notes, (iii) $1,250,000,000 in aggregate principal amount of the Old 2016 Notes, (iv) $1,499,750,000 in aggregate principal amount of the Old 2017 Notes, (v) $1,250,000,000 in aggregate principal amount of the Old 2021 Notes, (vi) $1,000,000,000 in aggregate principal amount of the Old 2022 Notes, and (vii) $700,000,000 in aggregate principal amount of the Old 2041 Notes had been tendered and not withdrawn.

Posted-In: News Offerings

 

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