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Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Aetna Inc. New York, July 24, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Aetna Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Moody's Investors Service, ("Moody's") today assigned a Baa2 rating to CVS Health's (CVS) new proposed senior unsecured notes offering. CVS Health's Baa2 senior unsecured rating reflects the significant increase in the company's debt levels and weakening of credit metrics following the closing of the acquisition of Aetna.