Davis Polk advised the representatives of the several underwriters in connection with an SEC-registered offering of $400 million aggregate principal amount of 4.400% senior notes due 2024 by Magellan Health, Inc.
Magellan, based in Scottsdale, Arizona, is engaged in the healthcare management business and is focused on managing the fastest growing, most complex areas of health, including special populations, complete pharmacy benefits and other specialty areas of healthcare.
The Davis Polk corporate team included partners Richard A. Drucker and Sophia Hudson and associates Joseph S. Payne, Mahfouz Basith and Ian K. Dummett. Partner Po Sit and associate Liang Zhang provided tax advice. Counsel Michelle Ontiveros Gross and associate Jason J. Bang provided intellectual property and technology advice. Counsel Jeanine P. McGuinness provided regulatory advice. Members of the Davis Polk team are based in the New York, Northern California and Washington DC offices.