CVS Health announced early results and pricing of its maximum tender offer for up to $1.77 billion of senior notes across multiple series. The tender offer received strong response with over $5.2 billion in aggregate principal amount tendered by the December 13 early tender deadline.Based on the tender results, CVS Health will accept for purchase notes with acceptance priority levels 1-4 in full, and level 5 notes at a 57.5% proration factor. The total consideration ranges from $685.54 to $825.77 per $1,000 principal amount for accepted notes. Settlement for accepted notes is expected on December 18, 2024.Due to the strong early participation exceeding the maximum tender amount, no additional notes will be accepted after the early tender deadline. The offer was part of CVS Health's ongoing liability management initiatives targeting various series of outstanding senior notes with maturities from 2030 to 2050.

CVS Health announced early results and pricing of its maximum tender offer for up to $1.77 billion of senior notes across multiple series. The tender offer received strong response with over $5.2 billion in aggregate principal amount tendered by the December 13 early tender deadline.Based on the tender results, CVS Health will accept for purchase notes with acceptance priority levels 1-4 in full, and level 5 notes at a 57.5% proration factor. The total consideration ranges from $685.54 to $825.77 per $1,000 principal amount for accepted notes. Settlement for accepted notes is expected on December 18, 2024.Due to the strong early participation exceeding the maximum tender amount, no additional notes will be accepted after the early tender deadline. The offer was part of CVS Health's ongoing liability management initiatives targeting various series of outstanding senior notes with maturities from 2030 to 2050.