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

NEW YORK (S&P Global Ratings) May 17, 2022--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 refinancing short-term debt. As of March 31, 2022, UNH had $3.15 billion of commercial paper outstanding. Upcoming debt maturities include $1 billion 3.5% notes due July 2022, $900 million 2.375% senior notes due October 2022, and $15 million senior notes due November 2022. UNH reported strong operating results in the first quarter of 2022, with both UnitedHealthcare (UHC) and Optum performing well.

...May 17, 2022 NEW YORK (S&P Global Ratings) May 17, 2022--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 refinancing short-term debt. As of March 31, 2022, UNH had $3.15 billion of commercial paper outstanding. Upcoming debt maturities include $1 billion 3.5% notes due July 2022, $900 million 2.375% senior notes due October 2022, and $15 million senior notes due November 2022. UNH reported strong operating results in the first quarter of 2022, with both UnitedHealthcare (UHC) and Optum performing well. First-quarter revenue increased by 14.2% on a year-over-year basis, with 13.6% growth at UnitedHealthcare (UHC) and 18.9% growth at Optum. UHC's favorable growth was supported by solid membership growth of 1.5 million...

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