UnitedHealth Group $4 billion notes issues

26/10/2017
Investment grade bond/note issue

$ 4 billion

Announced

26/10/2017


Overview:

  • UnitedHealth Group has issued $4 billion in senior notes.
  • The issue consisted of $300 million floating rate notes due 2020, $900 million 1.95% notes due 2020, $900 million 2.375% notes due 2022, $950 million 2.95% notes due 2027 and $950 million 3.75% notes due 2047.
  • The issuer is headquartered in Minnetonka and provides health and well-being services. 
  • US Bancorp Investments, Barclays Capital, Citigroup Global Markets, Mizuho Securities and Wells Fargo Securities have acted as joint bookrunning managers.
  • The company has recently undertaken issues of $1.35 billion 3.375% and 4.25% notes and the $2.3 billion acquisition of Surgical Care Affiliates.

Katrin Kostadinova - Data analyst 

Jurisdiction:

United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

United States

Industry sector:

Healthcare


Firm:

Party: US Bancorp (Joint bookrunner)

Party: Barclays Capital (Joint bookrunner)

Party: Citigroup Global Markets (Joint bookrunner)

Party: Mizuho Securities (Joint bookrunner)

Party: Wells Fargo Securities (Joint bookrunner)

Lawyer: Roxane Reardon