Molina Healthcare Announces Proposed Offering of $750 Million of Senior Notes Due 2031
LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) (the "Company†) today announced that it intends to privately offer, subject to market and other conditions, $750 million aggregate principal amount of senior notes due 2031 (the "Notes†). The Company will make the offering pursuant to an exemption under the Securities Act of 1933, as amended (the "Securities Act†). The initial purchasers will offer the Notes only to persons reasonably believed to be "qualified institutiona. ...