UnitedHealth Group Inc. (NYSE:UNH) says it has had good luck with buying back its short-term and intermediate-term notes.
UnitedHealth, Minnetonka, Minn., (NYSE:UNH) says it originally had planned to buy back $200 million in short-term notes and $550 million in intermediate-term notes, but that the company had received tenders for $472 million in short-term notes and $570 million in long-term notes.
UnitedHealth says it is responding to the interest in the note repurchase by increasing the tender cap for the intermediate-term notes to $575 million.
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