Loading LiveCycle Banners.
  1. News Articles
  2. Related News Articles
News Article Details

Aetna Raises $750 Million in Bond Issue

Source: Wall St. Journal

Back | A- | A+
 Email This     Print     Subscribe

Posted on 26 Aug 2010

According to the Wall Street Journal, Aetna Inc. has raised $750 million in a sale of 10-year notes, one of the more recent offerings and pricings in U.S. and non-U.S. capital markets.

The deal was upsized from $500 million at the open. Proceeds from the sale will be used for general corporate purposes, including debt repayments, according to a person familiar with the sale.

According to the Journal, the bonds carry a 3.95% coupon rate and are due to mature on Sept. 1, 2010. Barclays Capital, Royal Bank of Scotland and UBS were appointed as the joint bookrunning managers for the issue.


Post a Comment
If you are a Storefront / Tradingfloor user, click here to login.
Note: As a guest user, please fill out the form below to post a comment.
Post your comments here.
Name :
Email Address :
Captcha :
Comments :
Character left : 2000