Fitch to rate Aetna notes A-

Fitch Ratings said it expects to assign A- ratings to Aetna Inc.'s planned issue of about $2 billion of senior unsecured notes and to concurrently place the notes on rating watch negative.

The A- ratings and rating watch negative status are equivalent to Fitch's ratings and rating watch status on Aetna's currently outstanding senior unsecured notes.

Fitch said that its expectation is that the notes will be issued with a mix of maturities and that proceeds will be used to fund a portion of Aetna's previously announced acquisition of Coventry Health Care, Inc.

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