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CVS Health Corporation Announces Cash Tender Offers for Certain of Its and Aetna's Outstanding Notes

CVS Health ·  Dec 2 13:00

WOONSOCKET, R.I., December 2, 2024 — CVS Health Corporation ("CVS Health" or the "Company," NYSE: CVS) announced today that it has commenced cash tender offers (the "Tender Offers," and each a "Tender Offer") for (1) any and all of its 4.100% Senior Notes due 2025 (the "Any and All Notes") and (2) the maximum principal amount of the following series of Maximum Tender Offer Notes (as defined below) for which the aggregate purchase price, not including Accrued Interest (as defined in the Offer to Purchase), payable in respect of such Maximum Tender Offer Notes, does not exceed $2,000,000,000 less the aggregate purchase price, not including Accrued Interest, paid or payable in respect of the Any and All Notes validly tendered and accepted for purchase (such maximum purchase price, the "Maximum Tender Offer Amount"): its 2.700% Senior Notes due 2040, the 3.875% Senior Notes due 2047 issued by its wholly owned subsidiary Aetna Inc. ("Aetna"), its 4.250% Senior Notes due 2050, the 4.125% Senior Notes due 2042 issued by Aetna, its 4.125% Senior Notes due 2040, its 2.125% Senior Notes due 2031, its 1.875% Senior Notes due 2031, its 5.050% Senior Notes due 2048, the 4.500% Senior Notes due 2042 issued by Aetna and its 1.750% Senior Notes due 2030 (together, the "Maximum Tender Offer Notes"). The Any and All Notes and the Maximum Tender Offer Notes are referred to collectively as the "Notes." The tender offer for the Any and All Notes is referred to herein as the "Any and All Tender Offer" and the tender offer for the Maximum Tender Offer Notes is referred to as the "Maximum Tender Offer."

Certain information regarding the Tender Offers is summarized in the tables below:

The Tender Offers:

Any and All of the Outstanding Notes Listed Below:

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