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

NEW YORK (S&P Global Ratings) July 23, 2019--S&P Global Ratings today said it assigned its 'A+' debt rating on 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. UNH will use the debt proceeds to repay commercial paper borrowings ($7 billion outstanding as of June 30, 2019) and for general corporate purposes. Upcoming debt maturities include $500 million of 2.3% senior notes due December 2019. UNH reported strong operating results for the first half of 2019. We believe UNH's forward-thinking strategy and unmatched scale and diversity will continue to provide it with good insulation against targeted legislative risks (such as those focused

...July 23, 2019 NEW YORK (S&P Global Ratings) July 23, 2019--S&P Global Ratings today said it assigned its 'A+' debt rating on 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. UNH will use the debt proceeds to repay commercial paper borrowings ($7 billion outstanding as of June 30, 2019) and for general corporate purposes. Upcoming debt maturities include $500 million of 2.3% senior notes due December 2019. UNH reported strong operating results for the first half of 2019. We believe UNH's forward-thinking strategy and unmatched scale and diversity will continue to provide it with good insulation against targeted legislative risks (such as those focused solely on one aspect of a business) and periodic business losses (such as the loss of a key OptumRx client starting this year). UNH remains on track to meet our full-year 2019 expectations, including revenue of...

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