Fitch assigns UnitedHealth notes A

Fitch Ratings said it assigned an A rating to UnitedHealth Group's issuance of senior unsecured notes.

Fitch said it currently rates UnitedHealth as follows: long-term issuer default rating at A+, short-term issuer default rating F1, commercial paper F1 and senior unsecured A.

The outlook is stable.

Fitch said it expects proceeds from the debt issuance to be used to reduce outstanding amounts under UnitedHealth's commercial paper program, to help fund the company's pending acquisition of Sierra Health Services, Inc. and for general corporate purposes.

Fitch noted that its ratings on UnitedHealth reflect the inherent strength and diversity of the company's health services operations, good balance sheet fundamentals, very strong earnings track record and excellent cash flow.

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