Magellan Health Inc

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Recent New Issue

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USD400.0007Sep-24Sr. Unsecured-BBB--FixedTsyT+Mid 200sT+2402404.40%-99.80900
Tranche Comments
7 yr: Book size: 800; Registration: Registered; Comments: Total deal upsized to USD400m from (USD300m) 7yr Fxd. snr unsec SEC Registered. NR/BBB-/NR. JPM/MUFG/WFS. Mixed CoC: MWC. Cpn step up 50 bps per notch below BBB- at S&P, up to a maxof 2.00% (or 200 bps), permanently falling away at an S&P rating of BBB+. IPT: MId 200s. MWC+40bp.;

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