Humana Enters $5 Billion Unsecured Revolving Credit Agreement

By Roshan Fernandez

Humana has entered into a $5 billion unsecured revolving credit agreement with several financial institutions, according to a filing with the Securities and Exchange Commission.

The agreement increases the company's five-year credit commitments from $2.642 billion to $5 billion. As of Friday, the company has about $4.98 billion in remaining borrowing capacity, since it has issued $14.7 million in undrawn letters of credit.

JP Morgan Chase, Bank of America, Citibank, Goldman Sachs, Wells Fargo and others led the agreement for the health insurance company. The terms, which the company said are customary, permit the incurrence of up to $1 billion in incremental commitments.

The new agreement also replaces a previous 364-day $2.1 billion unsecured revolving credit agreement, which was entered on May 31, 2024 and is now expired.

Write to Roshan Fernandez at [e-mail]

(END) Dow Jones Newswires

05-30-25 1700ET