Here are three things to know about the offer.
1. A person familiar with the deal told Bloomberg CVS Health is selling fixed and floating-rate senior unsecured bonds in up to nine parts. The longest portion of the offering is a 30-year security, which could yield 1.95 percentage points higher than Treasuries.
2. Twenty lenders gave CVS Health $49 billion in bridge loans in December to temporarily finance CVS Health’s $69 billion bid for Aetna, which paved the way for the March 6 offering, according to the report.
3. During a Feb. 26 presentation, CVS Health said it was aiming for up to $44.8 billion in new debt.
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