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.