Humana (HUM) Completes $2.25B Debt Offering

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Humana Completes Aggregate $2.25 Billion Debt Offering

March 13, 2024 5:15 PM EDT

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Humana Inc. (the company) (NYSE: HUM) announced today the completion of its public offering of $2.25 billion in aggregate principal amount of senior notes. These senior notes are comprised of $1.25 billion of the companys 5.375 percent senior notes, due 2031, at 99.940 percent of the principal amount, and $1.00 billion of the companys 5.750 percent senior notes, due 2054, at 99.949 percent of the principal amount (collectively, the Senior Notes Offerings).

The company expects net proceeds from the Senior Notes Offerings will be approximately $2.226 billion after deducting underwriters discounts and estimated offering expenses. The... More