Express Scripts Holding Company is a pharmacy benefit management (PBM) company providing medication management services, including prescription drug benefits management and specialty pharmacy care, to health plans, employers, and government entities.
Investors are currently assessing the Express Scripts Holding bond (ISIN: US30219GAG38, CUSIP: 30219GAG3), issued in the United States by the former major pharmacy benefit management (PBM) organization that managed prescription drug benefits for millions of Americans prior to its acquisition by Cigna, a USD-denominated fixed-income security with a total issue size of $700,000,000, offering a 6.125% annual coupon paid semi-annually until its maturity on November 15, 2041, and currently trading at 98.929% of its par value, which carries an investment-grade 'A-' rating from Standard & Poor's (S&P) and is available for a minimum purchase of $2,000.
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