Item 8.01. Other Events
On May 16, 2022, CVS Health Corporation ("CVS Health", or the "Company")
announced that it will redeem for cash all of its 3.500% Senior Notes due July
20, 2022 (the "Notes"). The redemption will occur on or about May 31, 2022.
Notices of redemption will be sent by The Bank of New York Mellon Trust Company,
N.A., as trustee.
The aggregate principal amount of Notes outstanding is $1,500 million. The Notes
will be redeemed at a redemption price equal to 100% of the principal amount of
the Notes being redeemed, plus any interest accrued and unpaid to, but
excluding, the redemption date. The Company expects to fund the redemption of
the Notes from available cash.
Cautionary Statement Concerning Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for
forward-looking statements made by or on behalf of CVS Health Corporation. By
their nature, all forward-looking statements are not guarantees of future
performance or results and are subject to risks and uncertainties that are
difficult to predict and/or quantify. Actual results may differ materially from
those contemplated by the forward-looking statements for a number of reasons as
described in our Securities and Exchange Commission filings, including those set
forth in the Risk Factors section and under the heading "Cautionary Statement
Concerning Forward-Looking Statements" in our most recently filed Annual Report
on Form 10-K and our Quarterly Report on Form 10-Q for the quarterly period
ended March 31, 2022.
You are cautioned not to place undue reliance on CVS Health's forward-looking
statements. CVS Health's forward-looking statements are and will be based upon
management's then-current views and assumptions regarding future events and
operating performance, and are applicable only as of the dates of such
statements. CVS Health does not assume any duty to update or revise
forward-looking statements, whether as a result of new information, future
events, uncertainties or otherwise.
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