Roxane Reardon~~Matthew Hart~~Nate Yang~~Jerry Du~~Jonathan Cantor~~Kris Liu~~Alan Turner~~Abram Ellis~~Christine Tillema~~J. Struhs~~Michael Isby~~Paige Brinton~~Vanessa Burrows~~Jacob Madden~~Jennie Getsin
January 24, 2026
CVS Health Completes $5 Billion Debt Offering

1 min
AI-made summary
- The Firm represented the underwriters, including BofA Securities, Barclays Capital, Goldman Sachs, J.P
- Morgan Securities, and Wells Fargo Securities, in CVS Health Corporation's public offering of $5 billion in Senior Notes
- The offering included various tranches with maturities ranging from 2029 to 2054 and interest rates between 5.400% and 6.050%
- The transaction closed on May 9, 2024, with legal support from a multidisciplinary Simpson Thacher team.
The Firm recently represented the underwriters, led by BofA Securities, Inc., Barclays Capital Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, in connection with the public offering by CVS Health Corporation (“CVS Health”) of $5 billion of Senior Notes, consisting of $1 billion of 5.400% Senior Notes due 2029, $1 billion of 5.550% Senior Notes due 2031, $1.25 billion of 5.700% Senior Notes due 2034, $750 million of 6.000% Senior Notes due 2044 and $1 billion of 6.050% Senior Notes due 2054. The offering closed May 9, 2024.~~CVS Health is a leading health solutions company. CVS Health has more than 9,000 retail locations, more than 1,000 walk-in medical clinics, 205 primary care medical clinics, a leading pharmacy benefits manager with approximately 90 million plan members and expanding specialty pharmacy solutions and a dedicated senior pharmacy care business serving more than 800,000 patients per year. CVS Health also serves an estimated more than 36 million people through traditional, voluntary and consumer-directed health insurance products and related services, including expanding Medicare Advantage offerings and a leading standalone Medicare Part D prescription drug plan.~~The Simpson Thacher team for the transactions included Roxane Reardon, Matt Hart, Nate Yang and Jerry Du (Capital Markets); Jonathan Cantor and Kris Liu (Tax); Alan Turner and Alexander Rabinowitz (Litigation); Abram Ellis and Christine Tillema (Regulatory); Pasco Struhs (Benefits); Michael R. Isby (Environmental); Paige Brinton (Intellectual Property); Vanessa Burrows and Jacob Madden (Healthcare); and Jennie Getsin (FINRA and Blue Sky).
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Roxane Reardon~~Matthew Hart~~Nate Yang~~Jerry Du~~Jonathan Cantor~~Kris Liu~~Alan Turner~~Abram Ellis~~Christine Tillema~~J. Struhs~~Michael Isby~~Paige Brinton~~Vanessa Burrows~~Jacob Madden~~Jennie Getsin
The Sponsor
