S&P assigns Aetna notes A-

Standard & Poor's said it assigned its A- senior unsecured debt rating on Aetna Inc.'s planned issuance of $750 million notes due in August 2020.

The new debt rating reflects Aetna's well-diversified market profile, strong cash flow generation, and strong liquidity and financial flexibility, the agency said.

Offsetting factors include Aetna's exposure to stressed industry fundamentals, diminished earnings strength, and a relatively aggressive share repurchase strategy, the agency added.

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