CVS Corporation Announces Pricing of $300 Million Private Placement of 3.875% Unsecured 5-Year Senior Notes.Business Editors WOONSOCKET, R.I.--(BUSINESS WIRE)--Oct. 30, 2002 CVS (1) (Concurrent Versions System) A version control system for Unix that was initially developed as a series of shell scripts in the mid-1980s. CVS maintains the changes between one source code version and another and stores all the changes in one file. Corporation (NYSE NYSE See: New York Stock Exchange : CVS) announced today that it privately placed $300 million aggregate principal amount of 3.875% unsecured Unsecured A loan or equity interest that is given without any guarantee of payment, performance, satisfaction or opportunity for return from the recipient. No property, interest or security is used as collateral in either a guarantee or a pledge. senior notes due 2007 with an original issue price of 99.44%. The private placement is expected to close on or about November 4, 2002. The proceeds from the sale of the notes will be used to repay commercial paper. The notes have not been registered under the Securities Act and may not be offered or sold in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. absent registration or an applicable exemption from registration requirements. |
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