• SEC Filings

On September 19, 2017, Cigna Corporation (the "Company") announced the results of its offer to purchase for cash up to $1,000,000,000 aggregate principal amount of its outstanding 8.300% Notes due 2023, 7.650% Notes due 2023, 7.875% Debentures due 2027, 8.300% Step Down Notes due 2033, 6.150% Notes due 2036, 5.875% Notes due 2041 and 5.375% Notes due 2042. The early extinguishment of this debt is expected to result in a one-time after-tax expense of approximately $210 million that will be reported as a special item during the fiscal quarter ending September 30, 2017 and excluded from consolidated adjusted income from operations, the non-GAAP measure used by the Company to evaluate performance. Accordingly, this charge will not impact the Company's projected consolidated adjusted income from operations for the full year 2017 as discussed in the Company's earnings release dated August 4, 2017 and affirmed in the Company's Current Report on Form 8-K dated August 28, 2017. In addition, as previously announced, concurrent with the tender offer, the Company issued ten and thirty year notes in the aggregate amount of $1.6 billion with a weighted average coupon of 3.57%.

This information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act whether made before or after the date of this report, except as shall be expressly set forth by specific reference in such a filing.

About Cigna Corporation (NYSE:CI)

Cigna Corporation (Cigna), together with its subsidiaries, is a health services company. The Company offers medical, dental, disability, life and accident insurance and related products and services. The Company’s segments include Global Health Care, Global Supplemental Benefits, Group Disability and Life, Other Operations and Corporate. The Global Health Care segment aggregates the commercial and Government operating segments. The Global Supplemental Benefits segment offers supplemental health, life and accident insurance products primarily in Asia, Europe and the United States. The Company’s Global Supplemental Benefits segment offers supplemental health, life and accident insurance products primarily in Asia, Europe and the United States. Its products are offered through employers and other groups, such as Governmental and non-Governmental organizations, unions and associations. Cigna also offers commercial health and dental insurance, and Medicare and Medicaid products and health.