debt
confidence high
sentiment neutral
materiality 0.60
Cigna issues $1.5B in senior notes: $700M at 5.685% due 2026 and $800M at 5.400% due 2033
Cigna Group
- Closed offering of $700M 5.685% Senior Notes due 2026 and $800M 5.400% Senior Notes due 2033 on March 7, 2023.
- Net proceeds of $1.5B to be used for general corporate purposes, including possible repayment of indebtedness.
- Underwriting Agreement dated Feb 28, 2023 with BofA Securities, Morgan Stanley, and U.S. Bancorp Investments.