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Published on 10/26/2022 in the Prospect News Investment Grade Daily.

Fitch rates Elevance notes BBB

Fitch Ratings said it rated Elevance Health, Inc.'s offering of senior notes BBB.

The rating is equivalent to Fitch's ratings on the issuer’s outstanding senior notes.

The proceeds will go to refinancing the $750 million of notes that mature in December and the $1 billion of notes that mature in January. Any remaining proceeds will be used for general corporate purposes.

The outlook remains stable.


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