Moody's rates Aetna debt Baa1

Moody's Investors Service said it assigned a Baa1 senior unsecured debt rating to Aetna, Inc.'s planned issuance of new long-term debt.

The outlook is stable.

Moody's said Aetna expects to use the net proceeds of the planned issuance, which is expected to be roughly $750 million, to repay outstanding commercial paper and for general corporate purposes, which may include the redemption or repurchase of securities or funding working capital.

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