secwatch / observer
8-K filed March 1, 2023, 6:59 PM ET ticker HUM CIK 0000049071
debt confidence high sentiment neutral materiality 0.60

Humana prices $1.25B senior notes offering to repay term loan

HUMANA INC

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

HUMANA INC entered into Underwriting Agreement with Barclays Capital Inc., Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, U.S. Bancorp Investments, Inc., Wells Fargo Securities, LLC valued at $1.25 billion (aggregate): $500M 5.700% Senior Notes due 2026 and $750M 5.500% Senior Notes due 2053 (effective 2023-02-27).

Action
entry
Agreement
underwriting
Counterparty
Barclays Capital Inc., Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, U.S. Bancorp Investments, Inc., Wells Fargo Securities, LLC
Value
$1.25 billion (aggregate): $500M 5.700% Senior Notes due 2026 and $750M 5.500% Senior Notes due 2053
Effective
2023-02-27
Exact text from the filing
On February 27, 2023, Humana Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Barclays Capital Inc., Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC, as representatives of the several underwriters (together, the “Underwriters”), pursuant to which the Company agreed to issue and sell to the Underwriters $500 million aggregate principal amount of its 5.700% Senior Notes due 2026 (the “2026 Senior Notes”) and $750 million aggregate principal amount of its 5.500% Senior Notes due 2053 (the “2053 Senior Notes” and, together with the 2026 Senior Notes, the “Senior Notes”), in accordance with the terms and conditions set forth in the Underwriting Agreement.
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HUMANA INC filing history →

Source: SEC EDGAR
accession 0001193125-23-054410
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