debt
confidence high
sentiment neutral
materiality 0.50
Molina Healthcare prices $750M of 6.250% senior notes due 2033
MOLINA HEALTHCARE, INC.
- Principal amount $750M; coupon 6.250% paid semi-annually; maturity Jan 15, 2033.
- Net proceeds ~$740M; use includes debt repayment, acquisitions, share repurchases, and capital needs.
- Offering to QIBs under Rule 144A and to non-U.S. persons under Reg S; expected close Nov 18, 2024.
- Notes unregistered and not guaranteed by subsidiaries at issuance.