8-KMaterial AgreementsExhibits & Filings

Elevance Health, Inc. 8-K Report, Material Agreement (Aug 27, 2004)

Filed August 27, 2004For Securities:ELV

Summary

This Form 8-K filing from Anthem, Inc. (now Elevance Health) on August 27, 2004, primarily reports on the company's entry into a material definitive agreement related to a debt offering. Specifically, Anthem issued $200 million in aggregate principal amount of 3.50% notes due 2007. These notes are unsecured and unsubordinated, ranking equally with other existing unsecured and unsubordinated indebtedness. The filing details the First Supplemental Indenture with The Bank of New York as trustee, which governs the issuance of these notes. It also outlines the Underwriting Agreement with Banc of America Securities LLC for the public offering and sale of these notes. The transaction was registered under an existing Form S-3 registration statement, and a final prospectus supplement was filed on August 26, 2004. This issuance represents a capital raising activity to fund the company's operations or strategic initiatives.

Key Highlights

  • 1Anthem, Inc. issued $200 million in 3.50% senior notes due September 1, 2007.
  • 2The issuance was facilitated by a First Supplemental Indenture dated August 27, 2004, with The Bank of New York as trustee.
  • 3An Underwriting Agreement with Banc of America Securities LLC was executed on August 25, 2004, for the public offering.
  • 4The notes are unsecured and unsubordinated, ranking pari passu with other existing unsecured and unsubordinated debt.
  • 5Interest on the notes will be paid semi-annually on March 1 and September 1, starting March 1, 2005.
  • 6The offering was registered under Anthem's Form S-3 Registration Statement (No. 333-101969).
  • 7A final prospectus supplement dated August 25, 2004, was filed on August 26, 2004, relating to the issuance of these notes.

Frequently Asked Questions

The primary purpose of this filing is to report Anthem, Inc.'s entry into material definitive agreements related to the issuance and sale of $200 million in aggregate principal amount of 3.50% senior notes due 2007.

The notes have a principal amount of $200 million, a coupon of 3.50% per annum, and mature on September 1, 2007. They are unsecured and unsubordinated obligations of Anthem, ranking equally with its other unsecured and unsubordinated indebtedness. Interest payments are scheduled semi-annually.

The main parties involved are Anthem, Inc. (the issuer), The Bank of New York (as trustee for the notes), and Banc of America Securities LLC (as the underwriter for the public offering).

These notes are unsecured and unsubordinated, meaning they rank equally with Anthem's other existing unsecured and unsubordinated debt. They do not alter the seniority of existing secured debt or other specific classes of indebtedness.