Minnetonka, Minnesota

AM Best Assigns Issue Credit Ratings to UnitedHealth Group Incorporated’s New Senior Unsecured Notes

Retrieved on: 
Friday, March 22, 2024
Banking, Professional Services, Insurance, Finance, Growth, Average revenue per user, ALL, News, Long-Term Capital Management, UnitedHealth Group, Credit, Minnetonka, Minnesota, AM Best, UNH, Security (finance)

AM Best has assigned Long-Term Issue Credit Ratings (Long-Term IRs) of “a” (Excellent) to UnitedHealth Group Incorporated’s (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH] recently issued senior unsecured notes.

Key Points: 
  • AM Best has assigned Long-Term Issue Credit Ratings (Long-Term IRs) of “a” (Excellent) to UnitedHealth Group Incorporated’s (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH] recently issued senior unsecured notes.
  • The Long-Term IRs of “a” (Excellent) have been assigned with stable outlooks to the following senior unsecured notes:
    $500 million 4.6 % senior unsecured notes, due 2027
    $400 million 4.7 % senior unsecured notes, due 2029
    $1 billion 4.9 % senior unsecured notes, due 2031
    $1.25 billion 5 % senior unsecured notes, due 2034
    $1.75 billion 5.375 % senior unsecured notes due, 2054
    $1.1 billion 5.5% senior unsecured notes, due 2064
    This press release relates to Credit Ratings that have been published on AM Best’s website.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Upgrades Credit Ratings of The Chesapeake Life Insurance Company; Affirms Credit Ratings of UnitedHealth Group Incorporated and Its Subsidiaries

Retrieved on: 
Thursday, December 14, 2023
Insurance, Professional Services, Medicare Advantage, Medicaid, Acquisition, NYSE, UnitedHealth Group, Risk, Credit, Long-term care insurance, Pharmacy, Long-Term Capital Management, AM Best, Superior, Health, Geography, Growth, Medicare, News, FSR, ALL, Optum, Minnetonka, Minnesota, Bank

In addition, AM Best has affirmed the Long-Term ICR of “a” (Excellent) and the Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of UnitedHealth Group Incorporated (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH].

Key Points: 
  • In addition, AM Best has affirmed the Long-Term ICR of “a” (Excellent) and the Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of UnitedHealth Group Incorporated (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH].
  • The rating upgrades for Chesapeake Life are based on its strategic importance as a writer of UnitedHealthcare branded ancillary products.
  • A complete listing of UnitedHealth Group Incorporated and its subsidiaries’ FSRs, Long-Term ICRs and Long-Term IRs also is available.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

Tolerance Tool Receives 2023 Meaningful Capitalism Award

Retrieved on: 
Wednesday, May 31, 2023
Minnetonka, Minnesota, Platinum group, Organization, Acquisition, Management, Music

ST. PAUL, Minn., May 31, 2023 /PRNewswire-PRWeb/ -- Beanstalk Collaborative Community Wealth, LLC (BCCW), a company dedicated to providing legacy-protecting opportunities to transitioning owners in the precision manufacturing industry, is pleased to announce its acquisition, Tolerance Tool, is the recipient of a 2023 Meaningful Capitalism Award. Tolerance Tool is one of three companies to receive the coveted award presented by Minnetonka-based Platinum Group.

Key Points: 
  • Tolerance Tool is one of three companies to receive the coveted award presented by Minnetonka-based Platinum Group.
  • This year's awards were presented to Tolerance Tool leadership on May 4, 2023, during a ceremony held at the Metropolitan Ballroom & Clubroom .
  • "We are pleased to present Tolerance Tool with the 2023 Meaningful Capitalism Award," said Platinum Group Partner Glaydon Iverson.
  • "The entire team at Tolerance Tool is grateful to the Platinum Group for presenting our team with the Meaningful Capitalism Award," said Greg Kolbeck, General Manager, Tolerance Tool.

AM Best Assigns Issue Credit Ratings to UnitedHealth Group Incorporated’s New Senior Unsecured Notes and New Shelf Registrations

Retrieved on: 
Tuesday, March 28, 2023
Insurance, Professional Services, Good, LHC, AM Best, Minnetonka, Minnesota, ALL, Tax, Long-Term Capital Management, Average revenue per user, Credit, NYSE, UNH, Retirement, UnitedHealth Group, Acquisition, AM, Optum, Growth, News, Security (finance)

AM Best has assigned Long-Term Issue Credit Ratings (Long-Term IR) of “a” (Excellent) to UnitedHealth Group Incorporated’s (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH] recently issued $1.25 billion 4.250% senior unsecured notes, due 2029, $1.5 billion 4.5% senior unsecured notes, due 2033, $2 billion 5.05% senior unsecured notes, due 2053, and $1.75 billion 5.2% senior unsecured notes, due 2063.

Key Points: 
  • AM Best has assigned Long-Term Issue Credit Ratings (Long-Term IR) of “a” (Excellent) to UnitedHealth Group Incorporated’s (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH] recently issued $1.25 billion 4.250% senior unsecured notes, due 2029, $1.5 billion 4.5% senior unsecured notes, due 2033, $2 billion 5.05% senior unsecured notes, due 2053, and $1.75 billion 5.2% senior unsecured notes, due 2063.
  • Concurrently, AM Best has withdrawn the ratings on the previous shelf registrations.
  • UnitedHealth Group’s Long-Term Issuer Credit Rating of “a” (Excellent), its Long-Term IRs and the ratings of its insurance subsidiaries are unchanged.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

ASID Names Interior Designer Stephany Eaton First & Second Place Awards for Design Excellence

Retrieved on: 
Monday, January 2, 2023
Health care, Corporation, Mall of America, ASID, Interior, American Society of Interior Designers, Minnetonka, Minnesota, Sustainable design, International Design Excellence Awards, Northwestern Knitting Company Factory building, Ameriprise Financial, Mall, Boston Architectural College, Paisley Park Records, Society, Professional, Chemistry, Property management, Interior design, Retail

MINNEAPOLIS, Jan. 2, 2023 /PRNewswire-PRWeb/ -- Stephany Eaton, founder of PureAlchemy Design, has been awarded first and second place awards by the https://mn.asid.org/news/2022-design-excellence-award-winnersAmerican Society of Interior Designers (ASID), Minnesota chapter. ASID awarded Eaton first-place in the Healthcare category for her work on https://purealchemydesign.com/commercial-interiors-portfolio/pine-ridge-... Ridge Dental in Zimmerman, MN and second-place in the Corporate (small) category for her work on https://purealchemydesign.com/commercial-interiors-portfolio/professiona... Data Analysts, a consultancy in Minneapolis.

Key Points: 
  • Stephany Eaton, founder of PureAlchemy Design, has been awarded first and second place awards by the American Society of Interior Designers (ASID), Minnesota chapter.
  • MINNEAPOLIS, Jan. 2, 2023 /PRNewswire-PRWeb/ -- Stephany Eaton, founder of PureAlchemy Design, has been awarded first and second place awards by the https://mn.asid.org/news/2022-design-excellence-award-winners American Society of Interior Designers (ASID) , Minnesota chapter.
  • A professional association for interior designers, ASID seeks to advance the interior design profession and communicate the impact of design on the human experience.
  • The Design Excellence Awards took place on November 3rd at International Market Square in Minneapolis.

AM Best Affirms Credit Ratings of UnitedHealth Group Incorporated and its Subsidiaries

Retrieved on: 
Friday, December 9, 2022
Other Professional Services, Professional Services, Insurance, UnitedHealth Group, FSR, Public health emergency, AARP, Forest Law Enforcement and Governance Program, Republika Srpska official football team, Long-Term Capital Management, Credit, AM Best, ERM, Minnetonka, Minnesota, NYSE, ALL, AM, Long-term care insurance, Strategic planning, Investment, Geography, Superior, Medicare Advantage, Medicaid, Growth, News, EBIT, Health, Tax, Optum, Depression, Insurance, Medicare, Risk management, Bank

AM Best has affirmed the Long-Term Issuer Credit Ratings (Long-Term ICR) of a (Excellent) and the Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of UnitedHealth Group Incorporated (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH].

Key Points: 
  • AM Best has affirmed the Long-Term Issuer Credit Ratings (Long-Term ICR) of a (Excellent) and the Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of UnitedHealth Group Incorporated (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH].
  • A complete listing of UnitedHealth Group Incorporated and its subsidiaries FSRs, Long-Term ICRs and Long-Term IRs also is available.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Assigns Issue Credit Ratings to UnitedHealth Group Incorporated’s New Senior Unsecured Notes

Retrieved on: 
Thursday, October 27, 2022
Banking, Professional Services, Insurance, Finance, Growth, NYSE, Long-Term Capital Management, UnitedHealth Group, Change Healthcare, Credit, Acquisition, Optum, AM Best, Minnetonka, Minnesota, Insurance, ALL, Industry, Revenue stream, UNH, News, AM, Tax, Security (finance), Bank

AM Best has assigned Long-Term Issue Credit Ratings (Long-Term IRs) of a (Excellent) to UnitedHealth Group Incorporateds (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH] recently issued $500 million 5.0% senior unsecured notes, due 2024; $750 million 5.15% senior unsecured notes, due 2025; $1 billion 5.25% senior unsecured notes, due 2028; $1.25 billion 5.3% senior unsecured notes, due 2030; $2.0 billion 5.35% senior unsecured notes, due 2033; $2.0 billion 5.875% senior unsecured notes, due 2053 and $1.5 billion 6.05% senior unsecured notes, due 2063.

Key Points: 
  • AM Best has assigned Long-Term Issue Credit Ratings (Long-Term IRs) of a (Excellent) to UnitedHealth Group Incorporateds (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH] recently issued $500 million 5.0% senior unsecured notes, due 2024; $750 million 5.15% senior unsecured notes, due 2025; $1 billion 5.25% senior unsecured notes, due 2028; $1.25 billion 5.3% senior unsecured notes, due 2030; $2.0 billion 5.35% senior unsecured notes, due 2033; $2.0 billion 5.875% senior unsecured notes, due 2053 and $1.5 billion 6.05% senior unsecured notes, due 2063.
  • UnitedHealth Groups Long-Term Issuer Credit Rating of a (Excellent), its Long-Term IRs and the ratings of its insurance subsidiaries are unchanged.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Comments on Credit Ratings of UnitedHealth Group Incorporated and Its Subsidiaries Following Completion of Change Healthcare Inc. Acquisition

Retrieved on: 
Tuesday, October 4, 2022
Banking, Professional Services, Insurance, Finance, NASDAQ, News, UNH, CHNG, AM, Industry, Optum, AM Best, Credit, ALL, U.S. Department of Defense Strategy for Operating in Cyberspace, UnitedHealth Group, Change Healthcare, Insurance, Hand, NYSE, U.S. Department of Justice Office of Legislative Affairs, Acquisition, Minnetonka, Minnesota, Bank

AM Best has commented that the Credit Ratings (ratings) of UnitedHealth Group Incorporated (UnitedHealth Group) (Minnetonka, MN) [NYSE:UNH] and its insurance subsidiaries remain unchanged following its completed acquisition of Change Healthcare Inc. (Change Healthcare) (Nashville, TN) [NASDAQ:CHNG], a leading health care technology company.

Key Points: 
  • AM Best has commented that the Credit Ratings (ratings) of UnitedHealth Group Incorporated (UnitedHealth Group) (Minnetonka, MN) [NYSE:UNH] and its insurance subsidiaries remain unchanged following its completed acquisition of Change Healthcare Inc. (Change Healthcare) (Nashville, TN) [NASDAQ:CHNG], a leading health care technology company.
  • The transaction is valued at approximately $14 billion, and includes $5.3 billion debt of Change Healthcare that UnitedHealth Group retired.
  • However, UnitedHealth Group has managed its financial leverage at 40% over the long term, and has experienced temporary fluctuations following sizeable acquisitions.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

Halozyme to Report Second Quarter 2022 Financial and Operating Results

Retrieved on: 
Tuesday, July 26, 2022
CA, Chugai Pharmaceutical Co., Bristol Myers Squibb, Industry, Minnetonka, Minnesota, ViiV Healthcare, SAN, Teva Pharmaceuticals, Therapy, NASDAQ, Eli Lilly, Halozyme, Roche, Biotechnology, Alexion, AbbVie, Technology, Company, Patient, Baxalta, Horizon Therapeutics, ID, Etto, Pharmaceutical industry, Pfizer

SAN DIEGO, July 26, 2022 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme") today announced it will release its second quarter 2022 financial and operating results on Tuesday, August 9, 2022, following the close of trading.

Key Points: 
  • SAN DIEGO, July 26, 2022 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme") today announced it will release its second quarter 2022 financial and operating results on Tuesday, August 9, 2022, following the close of trading.
  • Halozymewill host a conference call on Tuesday, August 9, 2022 at 4:30 p.m. ETto discuss the results.
  • Halozyme is a biopharmaceutical company bringing disruptive solutions to significantly improve patient experiences and outcomes for emerging and established therapies.
  • Halozyme is headquartered in San Diego, CA and has offices in Ewing, NJ and Minnetonka, MN.Minnetonka is also the site of its operations facility.

AM Best Assigns Issue Credit Ratings to UnitedHealth Group Incorporated’s Senior Unsecured Notes

Retrieved on: 
Wednesday, May 18, 2022
Insurance, Professional Services, UnitedHealth Group, Credit, Change Healthcare, News, Insurance, Tax, AM Best, AM, Long-Term Capital Management, Industry, UNH, Revenue stream, ALL, Minnetonka, Minnesota, Growth, NYSE, Optum, Security (finance)

AM Best has assigned Long-Term Issue Credit Ratings (Long-Term IRs) of a (Excellent) to UnitedHealth Group Incorporateds (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH] recently issued $600 million 3.7% senior unsecured notes, due 2027; $900 million 4% senior unsecured notes, due 2029; $1.5 billion 4.2% senior unsecured notes, due 2032; $2 billion 4.75% senior unsecured notes, due 2052; and $1.0 billion 4.95% senior unsecured notes, due 2062.

Key Points: 
  • AM Best has assigned Long-Term Issue Credit Ratings (Long-Term IRs) of a (Excellent) to UnitedHealth Group Incorporateds (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH] recently issued $600 million 3.7% senior unsecured notes, due 2027; $900 million 4% senior unsecured notes, due 2029; $1.5 billion 4.2% senior unsecured notes, due 2032; $2 billion 4.75% senior unsecured notes, due 2052; and $1.0 billion 4.95% senior unsecured notes, due 2062.
  • UnitedHealth Groups Long-Term Issuer Credit Rating of a (Excellent), its Long-Term IRs and the ratings of its insurance subsidiaries are unchanged.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .