Humana completes $1 billion junior subordinated notes offering

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Humana Completes Aggregate $1.0 Billion Fixed-to-Fixed Rate Junior Subordinated Notes Offering

March 9, 2026 5:00 PM EDT

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Humana Inc. (the company) (NYSE: HUM) announced today the completion of its public offering of $1.0 billion in aggregate principal amount of fixed-to-fixed rate junior subordinated notes due 2056, at 6.625 percent of the principal amount (the Junior Subordinated Notes Offering).

The company expects net proceeds from the Junior Subordinated Notes Offering will be approximately $986 million after deducting underwriters discounts and estimated offering expenses. The company intends to use the net proceeds from the Junior Subordinated Notes Offering for general corporate purposes, which may include the repayment of existing indebtedness, including borrowings under... More