Humana Announces Pricing Of $1.35 Billion Senior Notes Offering In Two Tranches Due 2028 And 2034
Portfolio Pulse from Benzinga Newsdesk
Humana has announced the pricing of its $1.35 billion senior notes offering, which is divided into two tranches due in 2028 and 2034. The offering includes $500 million of 5.750 percent senior notes due 2028 and $850 million of 5.950 percent senior notes due 2034. The offering is expected to close on November 9, 2023.
November 03, 2023 | 7:29 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Humana's announcement of a $1.35 billion senior notes offering could potentially impact the company's stock price. The offering is expected to close on November 9, 2023.
The announcement of a large senior notes offering can have various impacts on a company's stock. It could be seen as a positive sign of growth and expansion, or it could be viewed as a sign of financial stress if the company is perceived to be taking on too much debt. In this case, the impact is neutral as the market generally views such offerings as a routine part of corporate finance.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100