01—Abstract
Summary
Summary of the 8-K filed July 29, 2026. Cited figures are marked; the original filing is the authoritative source.
Centene Corporation (CNC) has announced a partial redemption of its 4.25%a Notes due December 15, 2027.
The company intends to redeem $500,000,000b of these notes on August 13, 2026. This action will reduce the outstanding principal amount of the 2027 Notes to approximately $568,664,000 following the redemption.
Investors holding these notes should be aware that their principal investment will be partially repaid at par plus any accrued interest up to the redemption date. This move signals a potential shift in Centene's capital structure or debt management strategy, and investors should monitor any further announcements regarding the use of cash or changes in debt levels.
02—Key points
Key Highlights
- Centene Corporation (CNC) is partially redeeming its 4.25% Notes due December 15, 2027.
- The aggregate principal amount to be redeemed is $500,000,000.
- The redemption date is set for August 13, 2026.
- After redemption, approximately $568,664,000 of the 2027 Notes will remain outstanding.
- The redemption price is 100% of the principal amount plus accrued and unpaid interest.
- This filing is an 'Other Events' disclosure and does not constitute a formal notice of redemption itself.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
The main purpose of this 8-K filing is to inform investors that Centene Corporation intends to partially redeem its 4.25% Notes due December 15, 2027. It serves as a public notification of this planned debt management action.
How much of the 2027 Notes will be redeemed and what is the impact on outstanding principal?
Centene will redeem $500,000,000 of the 4.25% Notes due December 15, 2027. After this redemption, approximately $568,664,000 of these notes will remain outstanding.
What will noteholders receive upon redemption?
Noteholders whose notes are selected for redemption will receive 100% of the principal amount of their notes being redeemed, plus any accrued and unpaid interest up to, but not including, the redemption date of August 13, 2026.
Does this filing mean my notes will definitely be redeemed?
This filing announces Centene's intent to redeem a portion of the 2027 Notes. The actual notice of redemption to specific noteholders, detailing which notes are subject to redemption, will be provided separately in accordance with the terms of the notes and the governing indenture. This 8-K itself is not the formal notice.
04—Continue