Cigna Group (The)

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Debt Financing / Related, Other Pre-Announcement

Cigna Says Co Deployed About $3 Bln To Repay In Full Its $1.4 Bln Term Loan Credit Agreement

Published: 12/31/2020 21:36 GMT
Cigna Corp. (CI) - Cigna Corp - on Dec 31, Deployed About $3 Billion to Repay in Full Its $1.4 Billion 364-day Term Loan Credit Agreement Entered Into on April 1.
Cigna Corp - Deployed About $3 Billion to Also Issue Notice of Full Redemption to Holders of Co's Senior Floating Rate Notes Due 2021.
Cigna Corp - Pursuant to Redemption Notice of Co's 2021 Notes to Redeem $1 Billion of Notes Outstanding on Jan 15, 2021.
Cigna Corp - Remains Committed to Target of Achieving Consolidated Adjusted Income From Operations on per Share Basis of $20.00 to $21.00 in 2021.
Cigna Corp - Expects to Deploy Remainder of $3 Billion to Repay Short-term Debt.