debt
confidence high
sentiment positive
materiality 0.55
Centene reaffirms FY2026 guidance and redeems $1B of 4.25% notes due 2027
CENTENE CORP
- Reaffirmed 2026 GAAP diluted EPS guidance > $1.98 and adjusted diluted EPS > $3.00 at Barclays conference.
- Announced partial redemption of $1.0B aggregate principal of 4.25% notes due 2027 on March 25, 2026.
- Approximately $1.187B of the notes will remain outstanding after the redemption.
- Redemption price at 100% of principal plus accrued and unpaid interest up to the redemption date.