HARTFORD, Conn.--(BUSINESS WIRE)-- Aetna (NYSE: AET) today announced that it has completed a public offering of $500 million of 4.125 percent Senior Notes due in 2021. The company expects to use a majority of the net proceeds to repay its 5.75 percent Senior Notes when due at maturity on June 15, 2011. In the interim, the company expects to use the net proceeds for general corporate purposes, including the repayment of its short-term debt.
Aetna is one of the nation’s leading diversified health care benefits companies, serving approximately 33.8 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 and health care management services for Medicaid plans. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com. To learn more about Aetna’s innovative online tools, visit www.aetnatools.com.
KEYWORDS: United States North America Connecticut
INDUSTRY KEYWORDS: Health Pharmaceutical Other Health Professional Services Finance Insurance