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Published on 12/21/2007 in the Prospect News Investment Grade Daily.

Fitch affirms Aetna

Fitch Ratings said it affirmed Aetna Inc.'s long-term issuer default rating at A, its short-term issuer default rating and commercial paper at F1 and its 7 7/8% senior notes due 2011, 5¾% senior notes due 2011, 6% senior notes due 2016, 6 5/8% senior notes due 2036 and 6¾% senior notes due 2037 at A-.

The outlook is stable.

The agency said Aetna's ratings consider its continued strong operating performance and profitability over recent periods, as well as its strong balance sheet and cash flows. The company has rebuilt its membership base by adding products and markets and through strategic acquisitions.

One key challenge for Aetna includes maintaining its recent strong operating trends, which have been achieved in good market conditions, Fitch said.


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