Centene Corporation’s $2.2 Billion High-Yield Senior Notes Offering

Cravath represented the underwriters in the offering.

Centene Corporation, a diversified, multi-national healthcare enterprise, executed the $2.2 billion registered high-yield senior notes offering. The transaction closed on February 17, 2021.

BofA Securities, Inc., Barclays Capital Inc., J.P. Morgan Securities LLC, Truist Securities, Inc., Wells Fargo Securities, LLC, Fifth Third Securities, Inc., Regions Securities LLC, U.S. Bancorp Investments, Inc., MUFG Securities Americas Inc., BMO Capital Markets Corp., PNC Capital Markets LLC, CIBC World Markets Corp., and Stifel, Nicolaus & Company, Incorporated acted as underwriters for this offering.

The Cravath team advising the underwriters included partner Matthew G. Jones and associates Steven Y. Li, Emily C. Weiss and Shannon R. Westerlind on capital markets matters, and partner Christopher K. Fargo (Picture) and associate Rory M. Minnis on tax matters. Ahra Cho also worked on capital markets matters and Alissa B. Fromkin also worked on tax matters.

Involved fees earner: Ahra Cho – Cravath Swaine & Moore; Christopher K. Fargo – Cravath Swaine & Moore; Alissa Fromkin – Cravath Swaine & Moore; Matthew Jones – Cravath Swaine & Moore; Steven Li – Cravath Swaine & Moore; Rory Minnis – Cravath Swaine & Moore; Emily Weiss – Cravath Swaine & Moore; Shannon Westerlind – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Bank of America Securities; Barclays Capital ; BMO Capital Markets; CIBC World Markets Corp.; Fifth Third Securities, Inc.; J.P. Morgan Securities LLC; MUFG Securities Americas Inc. ; PNC Capital Markets LLC; Regions Securities LLC; Stifel, Nicolaus & Company, Incorporated; Truist Securities Inc. ; U.S. Bancorp Investments; Wells Fargo Securities;

Author: Martina Bellini