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Prospect News home > News index > List of issuers Tenders > Headlines for 2016 > News item
Published on 10/26/2016 in the Prospect News Bank Loan Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Centene to redeem 5¾%, 6 3/8% notes, repay revolver debt via $1 billion issue due 2025

By Susanna Moon

Chicago, Oct. 26 – Centene Corp. plans to redeem its 5¾% senior notes due 2017 and Health Net, Inc.'s 6 3/8% senior notes due 2017 and to repay debt under its revolving credit facility using proceeds of a new issue.

Centene plans to price $1 billion principal amount of senior notes due 2025, according to a company announcement.

Proceeds will also be used for general corporate purposes.

Centene is a St. Louis-based managed care and specialty health care services provider.


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