# EDGAR Filing Document

**Accession Number:** 0000927653
**File Stem:** 0001193125-23-036334
**Filing Date:** 2023-2
**Character Count:** 5957
**Document Hash:** aedc94f36368d1399c8d9b00db1f6a5f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-036334.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001193125-23-036334

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230213

**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:** 333-269523
- **FILM NUMBER:** 23621127

**BUSINESS ADDRESS:**
- **STREET 1:** 6555 STATE HIGHWAY 161
- **CITY:** IRVING
- **STATE:** TX
- **ZIP:** 75039
- **BUSINESS PHONE:** 972-446-4800

**MAIL ADDRESS:**
- **STREET 1:** 6555 STATE HIGHWAY 161
- **CITY:** IRVING
- **STATE:** TX
- **ZIP:** 75039

**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:** 6555 STATE HIGHWAY 161
- **CITY:** IRVING
- **STATE:** TX
- **ZIP:** 75039
- **BUSINESS PHONE:** 972-446-4800

**MAIL ADDRESS:**
- **STREET 1:** 6555 STATE HIGHWAY 161
- **CITY:** IRVING
- **STATE:** TX
- **ZIP:** 75039

**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 Pursuant to Rule 433** 

**Registration Statement No. 333-269523** 

**Pricing Term Sheet** 

**MCKESSON CORPORATION** 

$500,000,000 5.250% Notes due 2026

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| | |
|:---|:---|
| Issuer:<br>Expected Ratings (Moody's / Fitch / S&P)\*: | McKesson Corporation<br>Baa1 (Positive) / BBB+ (Stable) / BBB+ (Stable) |
| Title: | 5.250% Notes due 2026 |
| Principal Amount: | $500000000 |
| Maturity Date: | February 15, 2026 |
| Interest Payment Dates: | Semi-annually on February 15 and August 15, of each year, commencing August 15, 2023 |
| Interest Rate: | 5.250% per year |
| Benchmark Treasury: | UST 4.00% due February 15, 2026 |
| Benchmark Treasury Price and Yield: | 99-12 <sup>1</sup>⁄<sub>8</sub> / 4.223% |
| Spread to Benchmark Treasury: | +110 bps |
| Yield to Maturity: | 5.323% |
| Price to Public: | 99.800% of the principal amount |
| Net Proceeds to Issuer (before expenses): | $497750000 |
| Optional Redemption: | Make-whole and par call |
| Make-Whole: | Treasury Bond Rate<br> T+20 bps |
| Par Call: | Beginning February 15, 2024 at par |
| CUSIP: | 581557 BS3 |
| ISIN: | US581557BS37 |
| Trade Date: | February 13, 2023 |
| Settlement Date: | February 15, 2023 (T+2) |

---

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| | |
|:---|:---|
| Joint Book-Running Managers: | BNP Paribas Securities Corp.<br> Wells Fargo Securities, LLC<br> TD Securities (USA) LLC |
| Senior Co-Managers: | BofA Securities, Inc.<br> J.P. Morgan Securities LLC<br> Barclays Capital Inc.<br> Citigroup Global Markets Inc.<br> Goldman Sachs & Co. LLC |
| Co-Managers: | Deutsche Bank Securities Inc.<br> HSBC Securities (USA) Inc.<br> PNC Capital Markets LLC<br> Scotia Capital (USA) Inc.<br> Truist Securities, Inc.<br> U.S. Bancorp Investments, Inc.<br> ING Financial Markets LLC<br> SG Americas Securities, LLC<br> UniCredit Capital Markets LLC<br> Samuel A. Ramirez & Company, Inc. |

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**\*** **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. Each credit rating should be evaluated independently of any other credit rating.** 

**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 BNP Paribas Securities Corp. toll-free at 1-800-854-5674 or Wells Fargo Securities, LLC toll-free at 1-800-645-3751.** 

**No PRIIPs or UK PRIIPs KID—No PRIIPs or UK PRIIPs key information document (KID) has been prepared as the Notes are not available to retail investors in the EEA or the UK.** 

**This pricing term sheet supplements the preliminary prospectus supplement dated February 13, 2023 and prospectus dated February 2, 2023. This communication should be read in conjunction with the preliminary prospectus supplement and the accompanying prospectus. The information in this communication supersedes the information in the preliminary prospectus supplement and the accompanying prospectus to the extent it is inconsistent with the information in such preliminary prospectus supplement or the accompanying prospectus.** 

**ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.**