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Published on 5/7/2013 in the Prospect News Investment Grade Daily.

Aetna guarantees 6.125% notes due 2015 following Coventry acquisition

By Jennifer Chiou

New York, May 7 - Aetna Inc. entered into a supplemental indenture under which it becomes the guarantor of the 6.125% senior notes due 2015 issued by Coventry Health Care, Inc., according to an 8-K filed with the Securities and Exchange Commission.

The guarantee is in connection with the completion of Aetna's acquisition of Coventry.

As of May 6, $229 million of the 6.125% notes was outstanding.

Aetna is a Hartford, Conn.-based health insurance company. Coventry is a managed health-care company based in Bethesda, Md.


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