Business Context and Reporting Period
Company: Centene Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: July 29, 2026
Event: Notice of partial redemption of outstanding debt securities.
Key Financial Metrics
This filing reports a specific debt transaction rather than comprehensive financial performance metrics (revenue, profit, cash flow, or margins). The filing text does not provide a clear value for these operational metrics.
| Debt Instrument | Details |
|---|---|
| 2027 Notes | 4.25% Notes due December 15, 2027 |
| Redemption Amount | $500,000,000 aggregate principal |
| Redemption Date | August 13, 2026 |
| Remaining Outstanding | Approximately $568,664,000 |
| Redemption Price | 100% of principal plus accrued interest to, but excluding, the redemption date |
Material Changes
The primary material change is the reduction of the Company's long-term debt load. Following the partial redemption, the outstanding principal of the 2027 Notes will decrease from the pre-redemption level to approximately $568.7 million.
Guidance, Outlook, and Risks
Management Commentary: The Company executed this redemption in accordance with the terms of the 2027 Notes and the Indenture dated December 6, 2019.
Risks and Contingencies: The filing explicitly states that this Current Report on Form 8-K does not constitute a formal notice of redemption with respect to the 2027 Notes; a separate notice was delivered to holders.
Unusual Items: None reported in this filing.
Investor Verification Checklist
- Verify the exact number of notes held to determine the specific portion subject to redemption.
- Confirm the calculation of accrued interest payable as of August 13, 2026.
- Review the Company's liquidity position to ensure sufficient cash availability for the $500 million principal payment plus accrued interest.
- Check subsequent filings for the formal notice of redemption sent to bondholders.