secwatch.observer — SEC 8-K summary
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Issuer:     HUMANA INC (HUM)
CIK:        0000049071
Form:       8-K
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0001193125-23-054410
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/49071/000119312523054410/0001193125-23-054410-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49071/000119312523054410/d461254d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-054410

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