01—Abstract
Summary
Summary of the 8-K filed October 8, 2026. Cited figures are marked; the original filing is the authoritative source.
Centene Corporation (CNC) has announced a significant financial action through an 8-K filing, detailing the redemption of its remaining 4.25%a Notes due December 15, 2027.
The company will redeem the full outstanding principal amount of $568,664,000b on October 23, 2026. This action will effectively eliminate all outstanding 2027 Notes from the company's balance sheet.
02—Key points
Key Highlights
- Centene Corporation is redeeming all outstanding 4.25% Notes due December 15, 2027.
- The aggregate principal amount being redeemed is $568,664,000.
- The redemption is scheduled to occur on October 23, 2026.
- Following this redemption, no 2027 Notes will remain outstanding.
- The redemption price is set at 100% of the principal amount plus any accrued and unpaid interest.
- This action is being executed in accordance with the terms of the notes and the governing indenture.
03—Questions
Frequently Asked Questions
What is Centene Corporation doing with its 2027 Notes?
Centene Corporation is redeeming all of its outstanding 4.25% Notes due December 15, 2027. This means the company is paying back the principal amount of these notes before their original maturity date.
When will this redemption take place?
The redemption is scheduled to be completed on October 23, 2026.
How much is Centene paying to redeem these notes?
The company will pay 100% of the principal amount of the notes, which totals $568,664,000, plus any interest that has accrued and remains unpaid up to, but not including, the redemption date.
What is the impact of this redemption on Centene's debt?
Upon completion of the redemption, Centene Corporation will have no outstanding 4.25% Notes due December 15, 2027, thereby reducing its outstanding debt.
04—Continue