UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
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Section 8 - Other Events
Item 8.01. Other Events
On July 15, 2022, CVS Health Corporation (“CVS Health”, or the “Company”) announced that Aetna Inc., a subsidiary of the Company (“Aetna”) will redeem for cash all of Aetna’s 2.750% Senior Notes due November 15, 2022 (the “Notes”). The redemption will occur on or about August 15, 2022. Notices of redemption will be sent by U.S. Bank Trust Company, National Association (as successor-in-interest to State Street Bank and Trustee Company), as trustee.
The aggregate principal amount of Notes outstanding is $1.0 billion. The Notes will be redeemed at a redemption price equal to 100% of the principal amount of the Notes being redeemed plus any interest accrued but not paid to the redemption date. The Company expects to fund the redemption of the Notes from available cash.
Cautionary Statement Concerning Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by or on behalf of CVS Health Corporation. By their nature, all forward-looking statements are not guarantees of future performance or results and are subject to risks and uncertainties that are difficult to predict and/or quantify. Actual results may differ materially from those contemplated by the forward-looking statements for a number of reasons as described in our Securities and Exchange Commission filings, including those set forth in the Risk Factors section and under the heading “Cautionary Statement Concerning Forward-Looking Statements” in our most recently filed Annual Report on Form 10-K and our Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2022.
You are cautioned not to place undue reliance on CVS Health’s forward-looking statements. CVS Health’s forward-looking statements are and will be based upon management’s then-current views and assumptions regarding future events and operating performance, and are applicable only as of the dates of such statements. CVS Health does not assume any duty to update or revise forward-looking statements, whether as a result of new information, future events, uncertainties or otherwise.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CVS HEALTH CORPORATION | |||||||||||
Date: | July 15, 2022 | By: | /s/ Shawn M. Guertin | ||||||||
Shawn M. Guertin | |||||||||||
Executive Vice President and Chief Financial Officer | |||||||||||