UnitedHealth Group Inc. Senior Unsecured Notes Rated 'A+'

NEW YORK (S&P Global Ratings) May 17, 2021--S&P Global Ratings today said it assigned its 'A+' debt rating to UnitedHealth Group Inc.'s (UNH) proposed fixed-rate senior unsecured notes issued in five tranches. The debt issuance does not affect our 'A+' long-term issuer credit rating on UNH. The company will use the debt proceeds for general corporate purposes, including the refinancing of short-term debt. As of March 31, 2021, UNH had $5.4 billion of commercial paper outstanding. Upcoming debt maturities include $350 million of floating-rate notes due June 2021 and $400 million of 3.15% senior notes due June 2021. UNH's key credit strengths include its industry-leading scale and diversity, which support the durability of the business through stress scenarios (such as

...May 17, 2021 NEW YORK (S&P Global Ratings) May 17, 2021--S&P Global Ratings today said it assigned its 'A+' debt rating to UnitedHealth Group Inc.'s (UNH) proposed fixed-rate senior unsecured notes issued in five tranches. The debt issuance does not affect our 'A+' long-term issuer credit rating on UNH. The company will use the debt proceeds for general corporate purposes, including the refinancing of short-term debt. As of March 31, 2021, UNH had $5.4 billion of commercial paper outstanding. Upcoming debt maturities include $350 million of floating-rate notes due June 2021 and $400 million of 3.15% senior notes due June 2021. UNH's key credit strengths include its industry-leading scale and diversity, which support the durability of the business through stress scenarios (such as the COVID-19 pandemic). We believe UNH's UnitedHealthcare-Optum combination provides it with unique medical and operating cost and technology advantages over peers. Its solid and consistent earnings, with a run-rate...

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