Elevance Health Inc, founded in 1944 and headquartered in Indianapolis, Indiana, is a leading health benefits company dedicated to making healthcare simpler and more affordable. The company offers a range of services, including health insurance plans, pharmacy benefit management, and related healthcare solutions for individuals, families, and businesses.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Elevance Health has a notable history in bond issuance, having first entered the bond market in the early 2000s to support its growth and acquisitions. Significant issuances include a $1 billion bond in 2020, which was utilized to finance strategic initiatives and enhance liquidity amidst the COVID-19 pandemic. Currently, the company’s bonds yield in line with the industry average, reflecting its solid credit rating and financial stability. Recent reports indicate a favorable market reception for Elevance’s bonds, particularly those with unique features such as callable options, enabling investors to capitalize on favorable interest rate movements.