Aetna Completes $13 Billion Bond Offering

Thursday, June 9, 2016

Company completes long-term financing for proposed Humana acquisition

HARTFORD, Conn. – Aetna (NYSE: AET) announced today that it has completed the long-term financing for its proposed acquisition of Humana through a public offering of:

  • $500 million of Floating Rate Senior Notes due in 2017;
  • $1 billion of 1.700 percent Senior Notes due in 2018;
  • $1.65 billion of 1.900 percent Senior Notes due in 2019;
  • $1.85 billion of 2.400 percent Senior Notes due in 2021;
  • $1.3 billion of 2.800 percent Senior Notes due in 2023;
  • $2.8 billion of 3.200 percent Senior Notes due in 2026;
  • $1.5 billion of 4.250 percent Senior Notes due in 2036; and
  • $2.4 billion of 4.375 percent Senior Notes due in 2046.

Aetna expects to use the net proceeds from this offering to fund a portion of the cash portion of the purchase price of Aetna's proposed acquisition of Humana.

As a result of today's completed bond offering, Aetna's one-year, $13 billion bridge credit agreement entered into on July 30, 2015, in connection with the proposed acquisition will be terminated effective today.

About Aetna

Aetna is one of the nation’s leading diversified health care benefits companies, serving an estimated 46.5 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, and medical management capabilities, Medicaid health care management services, workers’ compensation administrative services and health information technology products and services. Aetna’s customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com.

Aetna Media Contact:

T.J. Crawford
212-457-0583
crawfordt2@aetna.com

Investor Contact:

Joe Krocheski
860-273-0896
krocheskij@aetna.com

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