Centene Corporation Prices Offering of Senior Notes
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Centene or the
Company ) announced today that it has priced its previously announced underwritten public offering of $2,200,000,000 aggregate principal amount of 2.50% senior notes due 2031 (the
Notes ). The offering is expected to close on or about February 17, 2021, subject to customary closing conditions.
Centene intends to use the net proceeds from the offering of the Notes, together with cash on hand, to (1) fund the purchase price for the Company s 4.75% Senior Notes due 2025 (the
2025 Notes ) accepted for purchase by the Company in its concurrent cash tender offer (the
Tender Offer ) for any and all $2,200,000,000 outstanding aggregate principal amount of the 2025 Notes, (2) redeem any remaining 2025 Notes not validly tendered and accepted for purchase pursuant to the Tender Offer, in accordance with the indentures governing the 2025 Notes, and (3) pay all premiums, accru
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Centene Corporation Commences Tender Offer for Any and All 4.75% Senior Notes Due 2025
February 10, 2021 GMT
ST. LOUIS, Feb. 10, 2021 /PRNewswire/ Centene Corporation (NYSE: CNC) (“Centene” or the “Company”) announced today that it has commenced a cash tender offer (the “Tender Offer”) for any and all of its outstanding 4.75% Senior Notes due 2025 (the “2025 Notes”). The Tender Offer is being made on the terms and subject to the conditions set forth in the Offer to Purchase dated February 10, 2021 (the “Offer to Purchase”) and the related letter of transmittal and notice of guaranteed delivery (collectively, the “Offer Documents”).
Centene Corporation Reports 2020 Results 2020 Full Year Diluted EPS of $3.12; Adjusted Diluted EPS of $5.00
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ST. LOUIS, Feb. 9, 2021 /PRNewswire/ Centene Corporation (NYSE: CNC) announced today its financial results for the fourth quarter and year ended December 31, 2020, reporting diluted (loss) earnings per share (EPS) of $(0.02) and $3.12, respectively, and Adjusted diluted EPS of $0.46 and $5.00, respectively.
In summary, the 2020 fourth quarter and full year results were as follows:
2020 Results
(1)
$
$
5,503
(1) A full reconciliation of the Adjusted SG&A expense ratio and Adjusted diluted EPS are shown on page seven of this release. 2020 was a year when Centene demonstrated the strength of our diversified enterprise and our operational excellence as we delivered strong top- and bottom line growth while supporting all our stakeholders. said Michael F. Neidorff, Chairman, President and Chief Executive O
Meridian in Michigan and the Centene Institute for Advanced Health Education™ Launch Youth Impact Award for Vaping Prevention
Youth contest empowers students to take action and inform peers about the dangers of vaping and e-cigarettes
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DETROIT, Feb. 8, 2021 /PRNewswire/ Meridian in Michigan and the Centene Institute for Advanced Health Education™ are pleased to announce the Centene Institute Youth Impact Award for Vaping Prevention, a curriculum and contest for adolescents ages 14 through 19 to raise awareness about vaping, e-cigarette use and prevention. Students will learn about the dangers of vaping and take action by developing and submitting a 30 to 60-second Public Service Announcement (PSA) video. The contest is accepting submissions through April 16, 2021. Winners will be announced in early summer of 2021.
Centene Selected For Statewide Medicaid Contract And Statewide Specialty Children s Plan Contract In Oklahoma Font : A-A+ ST. LOUIS, Feb. 1, 2021 /PRNewswire/ Centene Corporation (NYSE: CNC) announced today that its Oklahoma subsidiary, Oklahoma Complete Health, has been selected by the Oklahoma Health Care Authority (OHCA) for statewide contracts to provide managed care for the SoonerSelect and SoonerSelect Specialty Children s Plan (SCP) programs. We look forward to working with the state of Oklahoma in their transition to value-based care models by providing services that address the social determinants of health, remove barriers to treatment, and deliver better health outcomes for Oklahoma residents at a lower cost to the state, said Brent Layton, Executive Vice President, Markets, Products, International, and Chief Business Development Officer of Centene. Oklahoma Complete Health will be a local partner to the OHCA and hire from within the communities we serve, a