Fitch affirms Aetna

Fitch Ratings said it has affirmed its ratings on Aetna Inc. and many of its wholly owned operating subsidiaries.

Fitch said it has also assigned Aetna's prospective issue of senior unsecured notes an expected rating of A-, noting that the expected rating on the bonds is in line with Aetna's senior unsecured rating.

Aetna's long-term issuer default rating is A, the agency said.

The outlook is stable.

Fitch said that proceeds of the prospective issuance of notes will be used to repay outstanding commercial paper borrowings, adding that the rating action reflects the company's continued strong operating performance and solid balance sheet quality.

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