Centene to redeem two series of Centene, WellCare 5 3/8% notes due 2026

Chicago, July 29 – Centene Corp. plans to use the proceeds from a new offering of notes to redeem all of its 5 3/8% notes due 2026 and all of wholly owned subsidiary WellCare Health Plans, Inc.’s 5 3/8% notes due 2026, according to a press release on Thursday.

Proceeds from the new notes may be used for general corporate purposes temporarily before they are used for the redemptions.

Centene is a St. Louis-based health care enterprise. WellCare is a Tampa, Fla.-based provider of government-sponsored managed care services to families, children, seniors and individuals with complex medical needs.

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