Davis Polk advised the representatives of several underwriters on an SEC-registered offering by Anthem, Inc. of $2.5 billion in aggregate principal amount of senior notes, consisting of $850 million in aggregate principal amount of 2.375% senior notes due 2025, $825 million in aggregate principal amount of 2.875% senior notes due 2029 and $825 million in aggregate principal amount of 3.700% senior notes due 2049.
Anthem is one of the largest health benefits companies in the United States. Anthem is an independent licensee of the Blue Cross and Blue Shield Association, an association of independent health benefit plans.
The Davis Polk corporate team included partner Joseph A. Hall and associate Hillary A. Coleman. Partner Mario J. Verdolini and associate Talya Presser provided tax advice. All members of the Davis Polk team are based in the New York office.