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S&P gives Elevance notes A
S&P said it assigned its A debt rating to Elevance Health Inc.'s new senior unsecured notes, which will be issued in three, 10-, and 30-year tranches.
The rating is the same as S&P’s for Elevance’s issuer and other senior unsecured notes.
Elevance plans to use the debt proceeds for general corporate purposes, including the refinancing of $750 million of senior unsecured notes due in December and $1 billion of senior unsecured notes due in January.
The outlook is stable.
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