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CVS Health Plans To Sell About $44 Bln Of Bonds

CVS Health Corp. (CVS) plans to sell about $44 billion of bonds as soon as Tuesday to fund its about $68 billion acquisition of health insurer Aetna Inc., according to reports.

CVS reportedly will sell bonds with repayment dates ranging from about two years to 30 years and the 30-year portion would remain outstanding even if regulators reject the deal, which would force CVS to buy back most of the debt.

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