S&P Rates United HealthCare $650M Sr Unsecd Nts 'A' - S&P Global Ratings’ Credit Research

S&P Rates United HealthCare $650M Sr Unsecd Nts 'A'

S&P Rates United HealthCare $650M Sr Unsecd Nts 'A' - S&P Global Ratings’ Credit Research
S&P Rates United HealthCare $650M Sr Unsecd Nts 'A'
Published Nov 23, 1998
Published Nov 23, 1998
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Abstract:

NY -- Standard&Poor's CreditWire 11/23/98 -- Standard&Poor's today assigned its single-'A' rating to United HealthCare Corp.'s $650 million senior unsecured notes offered under Rule 144A. The notes are offered in two tranches, $400 million of 5.65% fixed rate notes due 1999 without registration rights, and $250 million of 6.6% fixed rate notes due 2003 with registration rights. This is in addition to the $200 million mixed Rule 415 shelf registration filed Jan. 20, 1998 and $1.05 billion mixed Rule 415 shelf registration filed Oct. 22, 1998. This proposed $650 million offering does not represent a draw-down of either of the previous shelf filings. Standard&Poor's expects United's debt-to-total capital ratio and fixed charge coverage to

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Managed Health Care (35102030)
Sector
Global Issuers
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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. "S&P Rates United HealthCare $650M Sr Unsecd Nts 'A'" Nov 23, 1998. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rates-United-HealthCare-650M-Sr-Unsecd-Nts-A-83401>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Rates United HealthCare $650M Sr Unsecd Nts 'A' Nov 23, 1998. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rates-United-HealthCare-650M-Sr-Unsecd-Nts-A-83401>
  
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