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Centene to pay down revolver borrowings with notes proceeds
By Sara Rosenberg
New York, April 24 - Centene Corp. plans on repaying about $130 million of revolving credit facility debt using proceeds from a $300 million senior unsecured notes offering, according to a 424B5 filed with the Securities and Exchange Commission on Thursday.
Remaining proceeds will be used for general corporate purposes.
Centene is a St. Louis-based health-care company.
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