| 0 Bunge Limited (NYSE:BG) today announced that Bunge Limited Finance Corp., its wholly owned finance subsidiary, has priced a public offering of $1 billion aggregate principal amount of 2.750% senior notes due 2031. The senior notes will be guaranteed by Bunge Limited. The offering was made pursuant to a registration statement filed with the U.S. Securities and Exchange Commission. The transaction is expected to close on May 14, 2021, subject to the satisfaction of customary closing conditions. Bunge intends to use the net proceeds from the offering of the senior notes for general corporate purposes, including repayment of certain short-term indebtedness. Goldman Sachs & Co. LLC, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Wells Fargo Securities, LLC and SMBC Nikko Securities America, Inc. are acting as joint book-running managers
Tom Murphy
CVS Health hiked its 2021 forecast and beat Wall Street’s first-quarter expectations as a growing insurance business offset hits the health care giant took from a weak cold and flu season.
The company covered more people through Medicaid and Medicare Advantage, and adjusted operating earnings from health insurance jumped nearly 20% in the first quarter to $1.78 billion.
CVS Health said Tuesday that it also delivered more than 23 million COVID-19 tests and 17 million vaccine doses through April, which helped its drugstore business.
But the pandemic has disrupted business at CVS as well. A weak cough, cold and flu season brought on in part by mask wearing and social distancing hurt sales in both the company’s drugstore business and its pharmacy benefits management operations, which run drug plans for big clients like insurers and employers.