$CNC·8-K

CENTENE CORP · Jul 29, 9:19 AM ET

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CENTENE CORP 8-K

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Centene Corp Announces $500M Partial Redemption of 2027 Notes

What Happened
Centene Corporation announced on July 29, 2026 that it delivered a notice of partial redemption to redeem $500,000,000 aggregate principal of its 4.25% Notes due December 15, 2027. The redemption is scheduled for August 13, 2026 and will be carried out under the Indenture dated December 6, 2019 with The Bank of New York Mellon Trust Company, N.A. as trustee. The redemption price is 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date. The filing notes that this Form 8-K itself does not constitute the notice of redemption.

Key Details

  • Amount to be redeemed: $500,000,000 principal of 4.25% Notes due Dec 15, 2027.
  • Redemption date: August 13, 2026; notice delivered July 29, 2026.
  • Notes outstanding after redemption: approximately $568,664,000.
  • Redemption price: 100% of principal plus accrued and unpaid interest; trustee: BNY Mellon; Indenture date: Dec 6, 2019.

Why It Matters
This action reduces Centene’s near-term debt maturing in December 2027 by $500 million, lowering the outstanding balance of that issue to roughly $568.7 million. For investors, the redemption changes the company’s debt profile and may modestly affect interest expense and liquidity depending on how Centene funds the redemption. The redemption is at par (no premium), and the transaction is a liability-management step disclosed via an 8-K rather than an operating or earnings item.