Humana (HUM) Prices $1.35B Debt Offering

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Humana Prices $1.35 Billion Debt Offering

November 2, 2023 9:21 PM EDT

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Humana Inc. (the company) (NYSE: HUM) announced today that it has priced a public offering of $1.35 billion in aggregate principal amount of senior notes. These senior notes are comprised of $500 million of the companys 5.750 percent senior notes, due 2028, at 99.830 percent of the principal amount, and $850 million of the companys 5.950 percent senior notes, due 2034, at 98.525 percent of the principal amount (collectively, the Senior Notes Offerings). The Senior Notes Offerings are expected to close on November 9, 2023, subject to the satisfaction of customary closing conditions.

The company expects net proceeds... More