debt
confidence high
sentiment neutral
materiality 0.60
Elevance Health closes $5.2B multi-tranche notes offering; proceeds for general corporate purposes
Elevance Health, Inc.
- Issued $5.2B aggregate principal across six series: 2026 (4.500%), 2030 (4.750%), 2031 (4.950%), 2035 (5.200%), 2055 (5.700%), 2064 (5.850%).
- Net proceeds of approximately $5.138B after underwriting discounts and expenses.
- Proceeds intended for working capital, acquisitions, debt repayment, and share repurchases.
- Notes issued under existing indenture; underwriters include Citigroup, Morgan Stanley, Wells Fargo.