Molina Healthcare closes $750 million offering of 6.250% senior notes due 2033
Molina Healthcare completed a private offering of $750 million of 6.250% senior unsecured notes maturing January 15, 2033, on November 18, 2024. The company reported net proceeds of approximately $740 million and plans to use them for general corporate purposes, which may include debt repayment, acquisitions, share repurchases and capital contributions to its health plan subsidiaries.
Key points
- Notes: $750 million principal, 6.250% annual interest, paid semi-annually from July 15, 2025
- Maturity date January 15, 2033; redeemable on or after January 15, 2028
- Net proceeds approximately $740 million after fees and expenses
- Notes are senior unsecured and not initially guaranteed by any subsidiaries
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 18, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.