Anthem $1.25 Billion Equity Units Offering
Davis Polk advised the joint book-running managers in connection with a registered public offering by Anthem, Inc. of $1.25 billion aggregate stated amount of its equity units, including $75 million aggregate stated amount from the full exercise of the underwriters’ over-allotmentoption.
Anthem, Inc. is one of the nation’s leading health benefits companies, with nearly 71 million people served by its affiliated companies, including more than 38 million enrolled in its family of health plans.
The Davis Polk capital markets team included partner Joseph A. Hall and associates Gabriel A. de Corral and Martin Oberst. The Davis Polk equity derivatives team included partners Mark M. Mendez and John M. Brandow and associates Mark J. DiFiore and Won Lee. The tax team included partner Lucy W. Farr and associate Kay Ng. All members of the Davis Polk team are based in the New York office.