0001193125-17-040785.txt : 20170213 0001193125-17-040785.hdr.sgml : 20170213 20170213171804 ACCESSION NUMBER: 0001193125-17-040785 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20170213 DATE AS OF CHANGE: 20170213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MCKESSON CORP CENTRAL INDEX KEY: 0000927653 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-DRUGS PROPRIETARIES & DRUGGISTS' SUNDRIES [5122] IRS NUMBER: 943207296 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-215763 FILM NUMBER: 17600699 BUSINESS ADDRESS: STREET 1: ONE POST ST STREET 2: MCKESSON PLAZA CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4159838300 MAIL ADDRESS: STREET 1: ONE POST ST CITY: SAN FRANCISCO STATE: CA ZIP: 94104 FORMER COMPANY: FORMER CONFORMED NAME: MCKESSON HBOC INC DATE OF NAME CHANGE: 19990115 FORMER COMPANY: FORMER CONFORMED NAME: MCKESSON CORP DATE OF NAME CHANGE: 19950209 FORMER COMPANY: FORMER CONFORMED NAME: SP VENTURES INC DATE OF NAME CHANGE: 19940728 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MCKESSON CORP CENTRAL INDEX KEY: 0000927653 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-DRUGS PROPRIETARIES & DRUGGISTS' SUNDRIES [5122] IRS NUMBER: 943207296 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: ONE POST ST STREET 2: MCKESSON PLAZA CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4159838300 MAIL ADDRESS: STREET 1: ONE POST ST CITY: SAN FRANCISCO STATE: CA ZIP: 94104 FORMER COMPANY: FORMER CONFORMED NAME: MCKESSON HBOC INC DATE OF NAME CHANGE: 19990115 FORMER COMPANY: FORMER CONFORMED NAME: MCKESSON CORP DATE OF NAME CHANGE: 19950209 FORMER COMPANY: FORMER CONFORMED NAME: SP VENTURES INC DATE OF NAME CHANGE: 19940728 FWP 1 d333813dfwp.htm FWP FWP

Free Writing Prospectus

Filed Pursuant to Rule 433

Registration No. 333-215763

Pricing Term Sheet

McKesson Corporation

3.125% Notes due 2029

 

Issuer:    McKesson Corporation
Ratings*:    Baa2 / BBB+ / BBB+ (all stable) (Moody’s / Fitch / S&P)
Title:    3.125% Notes due 2029
Size:    £450,000,000
Maturity Date:    February 17, 2029
Interest Payment Dates:    February 17 of each year, commencing February 17, 2018
Coupon:    3.125% per year
Benchmark Gilt:    UKT 6.000% due December 7, 2028
Benchmark Gilt Price/Yield:                149.73%; 1.413%
Spread to Benchmark Gilt:    +170 bps
Yield to Maturity:    3.113% (semi-annual)
Price to Public:    99.879%
Redemption:   
    Make-Whole:   

Comparable Government Bond Rate

+25 bps

    Par Call:    Beginning November 17, 2028 at par
CUSIP:    581557 BH7
ISIN:    XS1567174526
Trade Date:    February 13, 2017
Settlement Date:    February 17, 2017 (T+3)
Bookrunners:   

Barclays Bank PLC

Deutsche Bank AG, London Branch

MUFG Securities EMEA plc

UniCredit Bank AG

Senior Co-Managers:   

Citigroup Global Markets Limited

Goldman, Sachs & Co.

J.P. Morgan Securities plc

Merrill Lynch International

Wells Fargo Securities International Limited

Co-Managers:   

BNP Paribas

Coöperatieve Rabobank U.A.

DNB Markets, a Division of DNB Bank ASA

HSBC Securities (USA) Inc.

ING Bank N.V. Belgian Branch

The Royal Bank of Scotland plc (trading as NatWest Markets)

PNC Capital Markets LLC

Scotiabank Europe plc

TD Securities (USA) LLC

U.S. Bancorp Investments, Inc.

The Williams Capital Group, L.P.

* Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Bank PLC toll-free at 1-888-603-5847.

This pricing term sheet supplements the preliminary prospectus supplement dated February 13, 2017 and prospectus dated January 27, 2017.