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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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