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FOR IMMEDIATE RELEASE
OLDWICK - JUNE 22, 2016 04:36 PM (EDT)
A.M. Best has commented that the under review with positive implications status and the financial strength ratings, issuer credit ratings and issue ratings of Humana Inc. (Humana) (Louisville, KY) and its subsidiaries remain unchanged.
The comment follows Aetna Inc.’s (Aetna) issuance of $13 billion in new debt to fund its acquisition of Humana. The transaction between Humana and Aetna is still pending and is expected to close in the second half of 2016. The ratings of Humana and its subsidiaries will remain under review with positive implications pending the final decision on the transaction.
This press release relates to rating(s) that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source.