Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Sonic Healthcare Sells $250 Million of 10-Year Bonds

Sonic Healthcare Ltd., the largest provider of medical tests in Australia, sold $250 million of 10-year bonds to private investors in the U.S.

The 5.1 percent notes were priced to yield 215 basis points more than Treasuries, the Sydney-based company said in a statement released to the Australian stock exchange. Proceeds will be used to repay bank loans and fund growth, it said.

Sonic has spent more than $1.8 billion on acquisitions in the past five years, according to data compiled by Bloomberg. The company last month agreed to buy CBLPath Inc. for $123.5 million, saying the deal will boost sales and cut costs.

Sonic sold $250 million of seven- and 10-year bonds to U.S. private investors in November 2009, pricing the notes at a 225 basis-point spread, according to a regulatory filing at the time. The company has A$482 million ($471 million) of loan facilities maturing next year, Bloomberg data show.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.