Cigna Completes $4.3 Billion Senior Notes Offering and Related Redemptions
03.08.21
This is only gets display when printing
Simpson Thacher recently represented Cigna Corporation (NYSE: CI) (“Cigna”) in connection with its public offering of $500 million of its 0.613% Senior Notes due 2024, $800 million of its 1.25% Senior Notes due 2026, $1.5 billion of its 2.375% Senior Notes due 2031 and $1.5 billion of its 3.4% Senior Notes due 2051. The notes offering closed on March 3, 2021.
The Firm also represented Cigna in connection with its redemption of approximately $3.5 billion of outstanding senior notes, concurrently with the notes offering.
Cigna is a global health service company dedicated to improving health, well-being and peace of mind. Cigna maintains sales capability in over 30 countries and jurisdictions, and has more than 175 million customer relationships throughout the world.
The Simpson Thacher team included Joseph Kaufman, Hyo Min Kim and Pia Figuerola (Capital Markets); Jennifer Neilsson (Executive Compensation and Employee Benefits); Jonathan Cantor and Gal Shemer (Tax); and Steven DeLott (Insurance).