Cigna Group, founded in 1982 and headquartered in Bloomfield, Connecticut, is a global health service company dedicated to improving the health, well-being, and peace of mind of those it serves. The company offers a diverse range of products and services, including health insurance, dental coverage, pharmacy benefits management, and workplace wellness solutions.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Cigna has maintained a robust presence in the bond market since it first issued bonds in the late 1990s, using them to finance growth and acquisitions. Notable issuances include a $1.6 billion bond offering in 2020, aimed at refinancing existing debt and funding strategic initiatives. Cigna's current bond yields generally align with industry standards, although select offerings, particularly those linked to healthcare initiatives, have attracted significant investor interest due to their preferential features and favorable terms.