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Prospect News home > News index > List of issuers W > Headlines for WellCare Health Plans, Inc. > News item
Published on 2/10/2020 in the Prospect News Bank Loan Daily, Prospect News High Yield Daily and Prospect News Investment Grade Daily.

Moody's ups and withdraws WellCare

Moody's Investors Service said it upgraded WellCare Health Plans, Inc.'s senior unsecured debt rating to Ba1 from Ba2, because the company was acquired by Centene Corp. The ratings had been on review for upgrade since the deal was announced on March 27. The outlooks on WellCare and its subsidiaries are stable.

Following the upgrade, Moody's will withdraw the ratings on WellCare and its subsidiary for business reasons.


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