Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
2022年5月18日 - 07:08PM
Edgar (US Regulatory)
Issuer Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement No. 333-236600
May 17, 2022
UNITEDHEALTH GROUP INCORPORATED
FINAL TERM SHEET
Dated May 17, 2022
$600,000,000 3.700% NOTES DUE MAY 15, 2027
$900,000,000 4.000% NOTES DUE MAY 15, 2029
$1,500,000,000 4.200% NOTES DUE MAY 15,
2032
$2,000,000,000 4.750% NOTES DUE MAY 15,
2052
$1,000,000,000 4.950% NOTES DUE MAY 15,
2062
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| Issuer: |
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UnitedHealth Group Incorporated |
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| Ratings (Moody’s / S&P / Fitch)*: |
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A3 (Stable) / A+ (Stable) / A (Stable) |
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| Note Type: |
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SEC Registered (No. 333-236600) |
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| Trade Date: |
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May 17, 2022 |
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| Settlement Date (T+3): |
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May 20, 2022 |
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| Maturity Date: |
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May 15, 2027 (the “2027 Notes”)
May 15, 2029 (the “2029 Notes”)
May 15, 2032 (the “2032 Notes”)
May 15, 2052 (the “2052 Notes”)
May 15, 2062 (the “2062 Notes”)
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| Principal Amount Offered: |
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$600,000,000 (2027 Notes)
$900,000,000 (2029 Notes)
$1,500,000,000 (2032 Notes)
$2,000,000,000 (2052 Notes)
$1,000,000,000 (2062 Notes)
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| Price to Public (Issue Price): |
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99.946% (2027 Notes)
99.639% (2029 Notes)
99.742% (2032 Notes)
99.100% (2052 Notes)
99.020% (2062 Notes)
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| Net Proceeds (Before Expenses) to Issuer: |
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$597,576,000 (99.596%) (2027 Notes)
$893,151,000 (99.239%) (2029 Notes)
$1,489,380,000 (99.292%) (2032 Notes)
$1,967,000,000 (98.350%) (2052 Notes)
$982,200,000 (98.220%) (2062 Notes)
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| Interest Rate: |
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3.700% (2027 Notes)
4.000% (2029 Notes)
4.200% (2032 Notes)
4.750% (2052 Notes)
4.950% (2062 Notes)
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| Interest Payment Dates: |
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May 15 and November 15, commencing November 15, 2022
(2027 Notes)
May 15 and November 15, commencing November 15, 2022
(2029 Notes)
May 15 and November 15, commencing November 15, 2022
(2032 Notes)
May 15 and November 15, commencing November 15, 2022
(2052 Notes)
May 15 and November 15, commencing November 15, 2022
(2062 Notes)
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| Regular Record Dates: |
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May 1 and November 1 (2027 Notes)
May 1 and November 1 (2029 Notes)
May 1 and November 1 (2032 Notes)
May 1 and November 1 (2052 Notes)
May 1 and November 1 (2062 Notes)
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| Benchmark: |
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T 2.750% due April 30, 2027 (2027 Notes)
T 2.875% due April 30, 2029 (2029 Notes)
T 2.875% due May 15, 2032 (2032 Notes)
T 2.250% due February 15, 2052 (2052 Notes)
T 2.250% due February 15, 2052 (2062 Notes)
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| Benchmark Price / Yield: |
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99-01 / 2.962% (2027
Notes)
99-05 / 3.010% (2029
Notes)
99-02+ / 2.982% (2032
Notes)
81-23+ / 3.207% (2052
Notes)
81-23+ / 3.207% (2062
Notes)
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| Spread to Benchmark: |
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+75 basis points (2027 Notes)
+105 basis points (2029 Notes)
+125 basis points (2032 Notes)
+160 basis points (2052 Notes)
+180 basis points (2062 Notes)
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| Re-offer
Yield: |
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3.712% (2027 Notes)
4.060% (2029 Notes)
4.232% (2032 Notes)
4.807% (2052 Notes)
5.007% (2062 Notes)
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| Optional Redemption Provisions: |
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Prior to April 15, 2027 (1 month prior to their maturity
date), make-whole call at any time at a discount rate of U.S.
Treasury plus 15 basis points; par call on or after April 15,
2027 (2027 Notes).
Prior to March 15, 2029 (2 months prior to their maturity
date), make-whole call at any time at a discount rate of U.S.
Treasury plus 20 basis points; par call on or after March 15,
2029 (2029 Notes).
Prior to February 15, 2032 (3 months prior to their maturity
date), make-whole call at any time at a discount rate of U.S.
Treasury plus 20 basis points; par call on or after
February 15, 2032 (2032 Notes).
Prior to November 15, 2051 (6 months prior to their maturity
date), make-whole call at any time at a discount rate of U.S.
Treasury plus 25 basis points; par call on or after
November 15, 2051 (2052 Notes).
Prior to November 15, 2061 (6 months prior to their maturity
date), make-whole call at any time at a discount rate of U.S.
Treasury plus 30 basis points; par call on or after
November 15, 2061 (2062 Notes).
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| Change of Control: |
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If a Change of Control Triggering Event occurs,
the Company will be required to make an offer to repurchase the
Notes at a price equal to 101% of the principal amount of the
Notes, plus accrued and unpaid interest to, but not including, the
date of repurchase. |
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| Day Count: |
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30/360 |
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| CUSIP / ISIN: |
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91324PEG3 / US91324PEG37 (2027 Notes)
91324PEH1 / US91324PEH10 (2029 Notes)
91324PEJ7 / US91324PEJ75 (2032 Notes)
91324PEK4 / US91324PEK49 (2052 Notes)
91324PEL2 / US91324PEL22 (2062 Notes)
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| Joint Book-Running Managers: |
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BofA Securities, Inc.
Barclays Capital Inc.
Deutsche Bank Securities Inc.
Morgan Stanley & Co. LLC
RBC Capital Markets, LLC
U.S. Bancorp Investments, Inc.
Citigroup Global Markets Inc.
Credit Suisse Securities (USA) LLC
Goldman Sachs & Co. LLC
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J.P. Morgan Securities LLC
Mizuho Securities USA LLC
PNC Capital Markets LLC
Truist Securities, Inc.
Wells Fargo Securities, LLC
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| Senior Co-Managers: |
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BNP Paribas Securities Corp.
KeyBanc Capital Markets Inc.
Santander Investment Securities Inc.
Scotia Capital (USA) Inc.
TD Securities (USA) LLC
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| Co-Managers: |
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Bancroft Capital LLC
BNY Mellon Capital Markets, LLC
Drexel Hamilton, LLC
Fifth Third Securities, Inc.
Huntington Securities, Inc.
Loop Capital Markets LLC
MFR Securities, Inc.
R. Seelaus & Co., LLC
Regions Securities LLC
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| * |
Note: A securities rating is not a recommendation to
buy, sell or hold securities and may be subject to revision,
suspension or withdrawal at any time.
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* * *
The issuer has filed a registration statement (including a
prospectus) with the Securities and Exchange Commission (the “SEC”)
for the offering to which this communication relates. Before you
invest, you should read the prospectus in that registration
statement and other documents the issuer has filed with the SEC for
more complete information about the issuer and this offering. You
may get these documents for free by visiting EDGAR on the SEC
website at www.sec.gov. Alternatively, the
issuer, any underwriter or any dealer participating in the offering
will arrange to send you the prospectus if you request it by
calling BofA Securities, Inc. toll-free at (800) 294-1322, Barclays Capital Inc.
toll-free at (888) 603-5847, Deutsche Bank Securities Inc.
toll-free at (800) 503-4611, Morgan Stanley & Co.
LLC toll-free at (866) 718-1649, RBC Capital Markets, LLC
toll-free at (866) 375-6829
and U.S. Bancorp Investments, Inc. toll-free at (877) 558-2607. Any disclaimer or other
notice that may appear below is not applicable to this
communication and should be disregarded. Such disclaimer or notice
was automatically generated as a result of this communication being
sent by Bloomberg or another email system.
UnitedHealth (NYSE:UNH)
過去 株価チャート
から 6 2022 まで 7 2022
UnitedHealth (NYSE:UNH)
過去 株価チャート
から 7 2021 まで 7 2022
