03:38 AM EDT, 09/17/2024 (MT Newswires) -- Labcorp Holdings ( LH ) said late Monday its Laboratory Corporation of America Holdings subsidiary priced an offering of $2 billion of senior notes in three tranches.

The offering includes $650 million of 4.350% senior notes due 2030 issued at 99.931% of par value, $500 million of 4.550% senior notes due 2032 issued at 99.608% of par value, and $850 million 4.800% senior notes due 2034 issued at 99.755% of par value.

The offering is expected to close on Sept. 23. The company said it plans to use net proceeds to repay debt and for general corporate purposes.

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