CVS Corp. $300 Million Senior Unsecured Notes Rated 'A' - S&P Global Ratings’ Credit Research

CVS Corp. $300 Million Senior Unsecured Notes Rated 'A'

CVS Corp. $300 Million Senior Unsecured Notes Rated 'A' - S&P Global Ratings’ Credit Research
CVS Corp. $300 Million Senior Unsecured Notes Rated 'A'
Published Mar 20, 2001
Published Mar 20, 2001
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's CreditWire) March 20, 2001--Standard&Poor's today assigned its single-'A' rating to CVS Corp.'s $300 million senior unsecured note issue due in 2006 and issued under Rule 144A with registration rights. At the same time, Standard&Poor's affirmed its ratings on CVS (see list below). The outlook is stable. CVS plans to use the proceeds from the new debt offering to repay outstanding commercial paper. The ratings on CVS reflect the company's leading position in the favorably regarded drug store industry, a strong financial profile, and the belief that management is committed to maintaining a moderate financial policy. CVS, with more than 4,100 units, is the nation's top chain drug retailer based on store

  
Report Type:

Ratings Action

Ticker
CVS
Issuer
CVS Health Corp.
GICS
Health Care Services (35102015)
Sector
Global Issuers , Structured Finance
Country
United States
Region
United States
Format:
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CVS Corp. – 2001/05/04 – US$ 500.00

Summary: CVS Corp. – 2001/05/04 – US$ 225.00

BULLETIN: CVS Corp. Revised Guidance for 2001 – 2001/06/27 – US$ 150.00

Summary: CVS Corp. – 2001/08/02 – US$ 225.00

Summary: CVS Corp. – 2001/10/05 – US$ 225.00

Summary: CVS Corp. – 2001/03/13 – US$ 225.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "CVS Corp. $300 Million Senior Unsecured Notes Rated 'A'" Mar 20, 2001. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/CVS-Corp-300-Million-Senior-Unsecured-Notes-Rated-A-186919>
  
APA:
S&P Global Ratings’ Credit Research. (). CVS Corp. $300 Million Senior Unsecured Notes Rated 'A' Mar 20, 2001. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/CVS-Corp-300-Million-Senior-Unsecured-Notes-Rated-A-186919>
  
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