Aetna issues make-whole call for $750 million 3.95% notes due 2020

By Susanna Moon

Chicago, Feb. 27 – Aetna said it will redeem its $750 million principal amount of outstanding 3.95% senior notes due Sept. 1, 2020.

The notes will be redeemed at a make-whole premium on March 29 plus accrued interest to but excluding the redemption date.

Aetna expects to fund the redemption from cash and short-term debt, according to a company announcement.

U.S. Bank NA (800 934-6802) is the trustee.

The 2020 notes were issued in August 2010.

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

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