Humana $1 billion 3.95% and 4.8% notes issues

31/3/2017
Investment grade bond/note issue

$ 1 billion

Completed

31/3/2017


Overview:

  • Health insurance company Humana has made a $1 billion debt issue.
  • The issue consisted of $600 million 3.95% notes due 2027 and $400 million 4.8% notes due 2047.
  • The proceeds will be used for general corporate purposes.
  • The underwriters were JPMorgan, Bank of America Merrill Lynch, Morgan Stanley and US Bancorp.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

United States

Industry sector:

Insurance


Firms:

Party: JP Morgan (Underwriter)

Party: BofA Merrill Lynch (Underwriter)

Party: Morgan Stanley (Underwriter)

Party: US Bancorp (Underwriter)

Lawyer: Mark Brod