HUMANA INC (HUM): debt financing — Humana issues additional $250M of 5.375% Senior Notes due 2031, total now $1.5B

HUMANA INC

Sold additional $250M of 5.375% Senior Notes due 2031 at 99.941% of par plus accrued interest.
Combined with $1.25B issued March 2024, total outstanding $1.5B; notes rank equally with unsecured unsubordinated debt.
Net proceeds estimated ~$247M; to be used for general corporate purposes, including possible repayment of existing indebtedness.
Underwriting agreement with J.P. Morgan and Barclays; notes under existing indenture; interest payable Apr/Oct starting Apr 15, 2025.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

HUMANA INC incurred senior notes of $250 million aggregate principal amount with J.P. Morgan Securities LLC and Barclays Capital Inc., as representatives of the several underwriters at 5.375% maturing April 15, 2031.

Instrument: senior notes
Principal: $250 million aggregate principal amount
Counterparty: J.P. Morgan Securities LLC and Barclays Capital Inc., as representatives of the several underwriters
Rate: 5.375%
Maturity: April 15, 2031
Event: incurrence

Exact text from the filing

Inc., as representatives of the several underwriters (together, the “Underwriters”), pursuant to which the Company agreed to issue and sell to the Underwriters an additional $250 million aggregate principal amount of its 5.375% Senior Notes due 2031 (the “Additional 2031 Notes”), in accordance with the terms and conditions set forth in the Underwriting Agreement.

View on SEC.gov

Browse all debt financings →

HUMANA INC filing history →

Source: SEC EDGAR

accession 0001628280-25-015646

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.