PROSPECTUS SUPPLEMENT
(TO PROSPECTUS DATED JUNE 18, 1997)
4,000,000 TRUST CONVERTIBLE PREFERRED SECURITIES
MCKESSON FINANCING TRUST
5% TRUST CONVERTIBLE PREFERRED SECURITIES
(LIQUIDATION AMOUNT $50 PER CONVERTIBLE PREFERRED SECURITY)
GUARANTEED TO THE EXTENT SET FORTH HEREIN BY
MCKESSON CORPORATION
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This Prospectus Supplement supplements and amends the
Prospectus dated June 18, 1997 (the "Prospectus") relating to the
5% Trust Convertible Preferred Securities (the "Convertible
Preferred Securities"), which represent preferred undivided
beneficial interests in the assets of McKesson Financing Trust, a
statutory business trust formed under the laws of the State of
Delaware, and the shares of common stock, par value $.01 per
share ("McKesson Common Stock"), of McKesson Corporation, a
Delaware corporation ("McKesson") issuable upon conversion of the
Convertible Preferred Securities.
A merger between Cardinal Health Inc. and Bergen Brunswig
Corporation has been proposed. If the merger is completed by the
parties as planned, McKesson will no longer be the largest health
care supply management company in North America.
The Prospectus, together with this Prospectus Supplement,
constitutes the prospectus required to be delivered by Section
5(b) of the Securities Act of 1933, as amended, with respect to
offers and sales of the Convertible Preferred Securities and
McKesson Common Stock issuable upon conversion of the Convertible
Preferred Securities. All references in the Prospectus to "this
Prospectus" are hereby amended to read "this Prospectus (as
supplemented and amended)".
PROSPECTIVE INVESTORS SHOULD CAREFULLY CONSIDER MATTERS DISCUSSED
UNDER THE CAPTION "RISK FACTORS" BEGINNING ON PAGE 6 OF THE
PROSPECTUS.
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE
SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES
COMMISSION NOR HAS THE SECURITIES AND EXCHANGE COMMISSION OR ANY
STATE SECURITIES COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY
OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A
CRIMINAL OFFENSE.
The date of this Prospectus Supplement is September 8, 1997.