AM Best Assigns Issue Credit Ratings to Cigna Corporation’s New Senior Unsecured Notes and Indicative Shelf Registration
The Cigna Group (CI)
Last the cigna group earnings: 4/30 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
cigna.com/about-us/investors
Company Research
Source: Business Wire
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned the Long-Term Issue Credit Ratings (Long-Term IRs) of “bbb” to the $1.5 billion 2.4% senior unsecured notes due 2030, $750 million 3.2% senior unsecured notes due 2040 and the $1.25 billion 3.4% senior unsecured notes due 2050 recently issued by Cigna Corporation (Cigna) (headquartered in Bloomfield, CT) [NYSE:CI]. Furthermore, AM Best has assigned indicative Long-Term IRs of “bbb” to senior unsecured debt and “bb+” to preferred shares under the recently filed shelf registration. The outlook assigned to these Credit Ratings (ratings) is stable. The existing ratings of Cigna and its subsidiaries are unchanged (see related press release).The proceeds of the recent $3.5 billion of aggregate debt, issued on March 4, 2020, will be used to redeem/tender upcoming 2021, 2022 and 2023 higher coupon issues.Cigna maintains high financial leverage of approximately 47%, including the current debt issues, and a high level of goodwill and inta
Show less
Read more
Impact Snapshot
Event Time:
CI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CI alerts
High impacting The Cigna Group news events
Weekly update
A roundup of the hottest topics
CI
News
- 'SNL' leans into jokes after UnitedHealthcare CEO killing: 'The guy just bicycled away' [USA TODAY]USA TODAY
- The Cigna Group Foundation Announces First Grantee Cohort of Health Equity Impact FundPR Newswire
- Health Network One Names Heyward Donigan as New CEO [Yahoo! Finance]Yahoo! Finance
- The Cigna Group Affirming Its Capital PrioritiesPR Newswire
- The Cigna Group (NYSE: CI) had its "overweight" rating re-affirmed by analysts at Piper Sandler. They now have a $394.00 price target on the stock, up previously from $392.00.MarketBeat
CI
Earnings
- 10/31/24 - Beat
CI
Sec Filings
- 12/3/24 - Form 4
- 12/3/24 - Form 4
- 11/19/24 - Form 4
- CI's page on the SEC website