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Published on 1/31/2023 in the Prospect News Investment Grade Daily.

Moody’s rates Elevance notes Baa2

Moody's Investors Service said it assigned a Baa2 senior unsecured debt rating to Elevance Health, Inc.'s anticipated issuance of senior unsecured debt due in 2026, 2033 and 2053.

The agency affirmed Elevance’s Baa2 rating on March 8, 2021.

The company will use the proceeds for general corporate purposes, including, but not limited to, repayment of debt, share repurchase and acquisitions.

The outlook on Elevance is unchanged at stable.


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