12.03.2024 01:51:40 - dpa-AFX: Humana Prices Public Offering Of $2.25 Bln Of Senior Notes

WASHINGTON (dpa-AFX) - Humana Inc. (HUM) said that it has priced a public
offering of $2.25 billion in aggregate principal amount of senior notes. These
senior notes are comprised of $1.25 billion of the company's 5.375 percent
senior notes, due 2031, at 99.940 percent of the principal amount and $1.00
billion of the company's 5.750 percent senior notes, due 2054, at 99.949 percent
of the principal amount. The Senior Notes Offerings are expected to close on
March 13, 2024.

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

The company plans to use the net proceeds from the Senior Notes Offerings for
general corporate purposes, which may include the repayment of existing
indebtedness, including borrowings under its commercial paper program.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Humana 856584 NYSE 373,650 28.06.24 22:00:13 +10,670 +2,94% 373,650 375,000 360,110 362,980

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