secwatch.observer — SEC 8-K summary
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Issuer:     HUMANA INC (HUM)
CIK:        0000049071
Form:       8-K
Filed at:   2023-03-13T23:59:59+00:00
Accession:  0001193125-23-069153
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Humana completes $1.25B debt offering to repay term loan and general corporate purposes
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- $500M 5.700% notes due 2026 at 99.984%; $750M 5.500% notes due 2053 at 96.431%.
- Net proceeds ~$1.211B after underwriting discounts and estimated expenses.
- Proceeds to repay $500M Delayed Draw Term Loan and for general corporate purposes.
- As of Dec 31, 2022, term loan $500M at LIBOR+125 bps.
- Lead underwriters: Barclays, Citi, Morgan Stanley, U.S. Bancorp, Wells Fargo.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/49071/000119312523069153/0001193125-23-069153-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49071/000119312523069153/d484848d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-069153

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