Cigna issues $4.5B senior notes across four tranches; proceeds for debt refinancing and share buybacks

Cigna Group

Issued $1B 5.000% notes due 2029, $750M 5.125% due 2031, $1.25B 5.250% due 2034, and $1.5B 5.600% due 2054.
Proceeds to fund tender offers for up to $2.25B of existing notes and repay 0.613% notes due 2024.
Remaining proceeds for general corporate purposes including debt repayment and share repurchases.

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