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Published on 8/7/2017 in the Prospect News Investment Grade Daily.

Aetna plans to sell fixed-rate senior notes through four bookrunners

By Devika Patel

Knoxville, Tenn., Aug. 7 – Aetna Inc. intends to sell fixed-rate senior notes, according to a 424B3 filing with the Securities and Exchange Commission.

The notes feature a make-whole call and then a par call.

BofA Merrill Lynch, J.P. Morgan Securities LLC, Mizuho Securities USA Inc. and Morgan Stanley & Co. LLC are the joint bookrunners.

Proceeds will be used to repay some of the company's 1.5% senior notes due 2017 and its floating-rate senior notes due 2017 and for general corporate purposes.

Aetna is a health care benefits company based in Hartford, Conn.


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