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Published on 8/28/2006 in the Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

UnitedHealth Group receives default notice on debt securities; company says there is no default

By Caroline Salls

Pittsburgh, Aug. 28 - UnitedHealth Group Inc. received a notice of default from holders of its debt securities for failure to file its 10-Q report for the quarter ended June 30, according to an 8-K filing with the Securities and Exchange Commission.

The company said in the filing that it believes it is not in default and "intends to defend itself vigorously."

According to the filing, the indenture requires UnitedHealth to provide copies of the reports to the indenture trustee within 15 days of filing them with the SEC.

UnitedHealth is a Minnetonka, Minn.-based health care company.


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