---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-054410"
form_type: "8-K"
ticker: "HUM"
cik: "0000049071"
company_name: "HUMANA INC"
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T19:15:15.310972+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Issued $500M 5.700% Senior Notes due 2026 and $750M 5.500% Senior Notes due 2053.
- Net proceeds of ~$1.211B after underwriting discounts and expenses.
- Proceeds to repay $500M Delayed Draw Term Loan (LIBOR+125bps) and for general corporate purposes.
- Offering priced at 99.984% (2026) and 96.431% (2053) of par; expected to close March 13, 2023.
- Underwriters include Barclays, Citigroup, Morgan Stanley, U.S. Bancorp, and Wells Fargo.

## SEC filing metadata
- accession: 0001193125-23-054410
- form_type: 8-K
- ticker: HUM
- cik: 0000049071
- company_name: HUMANA INC
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49071/000119312523054410/0001193125-23-054410-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49071/000119312523054410/d461254d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-054410
- JSON: https://secwatch.observer/filing/0001193125-23-054410.json
- Plain text: https://secwatch.observer/filing/0001193125-23-054410.txt

## Key facts
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/49071/000119312523054410/0001193125-23-054410-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.