Humana completes $1B debt offering

Humana completed its public offering of $1 billion in senior notes Aug. 15. 

The insurer expects net proceeds from the debt offering to be about $990 million, after subtracting underwriters' discounts and estimated offering expenses. 

Humana plans to combine the proceeds of the debt offering with available cash to repay $400 million in senior notes Oct. 1, as well as other outstanding debts. 

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