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Molina Healthcare ( (MOH) ) has issued an update.
Molina Healthcare, Inc. plans a private offering of $500 million in senior notes due 2033, aiming to use the proceeds for various corporate purposes such as debt repayment and funding acquisitions. These notes will be sold to qualified institutional buyers and certain international investors, with terms determined through negotiations. While not registered under the Securities Act, the company assures that this move aligns with regulatory exemptions, presenting an opportunity for investors interested in the healthcare sector.
See more insights into MOH stock on TipRanks’ Stock Analysis page.