Moody’s gives UnitedHealth notes A3

Moody’s Investors Service said it assigned A3 ratings to UnitedHealth Group Inc.’s planned issuance of an estimated $5 billion of senior unsecured debt due in 2029, 2033, 2053 and 2063.

The agency affirmed the issuer’s A+ ratings on June 9.

The proceeds are for general corporate and working capital purposes, including the refinancing of commercial paper which was used to partially finance the $6 billion purchase price of LHC Group, which closed in February 2023.

The outlook on UnitedHealth is unchanged at positive.

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