Express Scripts sets guidance on $2.5 bln 3-part sale
NEW YORK, June 4 (Reuters) - Express Scripts Inc (ESRX.O: Quote, Profile, Research) on Thursday set price guidance on its three-part $2.5 billion note sale, said IFR, a Thomson Reuters service.
The offering includes $1.0 billion each in three-year and five-year notes, both expected to yield about 387.5 basis points over comparable U.S. Treasuries.
It also includes a $500 million 10-year tranche expected to yield about 375 basis points over U.S. Treasuries.
The joint lead managers on the sale are Citigroup Global Markets, Credit Suisse and JP Morgan. (Reporting by Caryn Trokie, Editing by Chizu Nomiyama)
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