Anthem Inc. closed its offering of $850 million of 2.375% notes due 2025, $825 million of 2.875% notes due 2029 and $825 million of 3.700% notes due 2049.
Net proceeds from the offering were approximately $2.47 billion. The proceeds may be used for working capital and for general corporate purposes, including the repurchase of its common shares, repayment of short-term and long-term debt, and for acquisitions.
BofA Securities Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC are joint book-running managers for the offering. Barclays Capital Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities LLC are joint book-running managers for the notes due 2029, 2049 and 2025, respectively.
Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Mizuho Securities USA LLC, RBC Capital Markets LLC, SunTrust Robinson Humphrey Inc. and U.S. Bancorp Investments Inc. are senior co-managers, while Fifth Third Securities Inc., HSBC Securities (USA) Inc., PNC Capital Markets LLC and UBS Securities LLC are junior co-managers for the offering.
