debt
confidence high
sentiment neutral
materiality 0.50
Molina Healthcare announces proposed $500M offering of senior notes due 2033
MOLINA HEALTHCARE, INC.
- Senior notes due 2033 in $500M aggregate principal; private placement under Rule 144A/Reg S.
- Net proceeds for general corporate purposes: debt repayment, acquisitions, share repurchases, capex, working capital, health plan statutory needs.
- No subsidiary guarantees; terms (rate, price) to be determined with initial purchasers.
- Offering subject to market conditions; not registered under Securities Act.