WALGREENS BOOTS ALLIANCE, INC. (NASDAQ:WBA) Files An 8-K Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet ArrangementItem 2.04 Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.
The disclosure set forth in the first paragraph under Item 2.04 of this Form 8-K is incorporated by reference herein.
Item 2.04 Other Events.
to the terms of the Indenture, dated as of November18, 2014, between Walgreens Boots Alliance, Inc. (the “Company”) and Wells Fargo Bank, National Association, as trustee (the “trustee”) together with the terms of the applicable notes set forth in an officers’ certificate (collectively, the “indenture”), governing the Company’s $750 million aggregate principal amount of 1.750% notes due 2017 (the “notes”) issued by the Company on November18, 2014, the Company has elected to redeem all of the notes. The notes are subject to optional redemption at a redemption price equal to the sum of the present values of the remaining scheduled payments of principal and interest thereon to maturity (not including any portion of such payments of interest accrued as of the date of redemption), discounted to the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined in the indenture), plus 15 basis points, plus accrued and unpaid interest on the notes to be redeemed to, but excluding, the date of redemption. to the terms of the indenture, the Company provided notice of the redemption to the trustee and the holders of the notes on July28, 2017. The date of redemption will be August28, 2017.