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Centene launches $500M debt offering

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St. Louis-based managed health care provider Centene Corp. yesterday announced an offering of $500 million in senior debt.

The 4.75 percent senior notes are due in 2022.

The company plans to use proceeds from the offering to repay outstanding amounts in its revolving credit facility, as well as pay for related fees and expenses.

Read more from the St. Louis Business Journal.

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