CVS 5.450% 15Sep2035 Corp (USD)

Bond Factsheet

Marketplace

CVS Health Corp

Full Lot

Bid Price

94.929

Change in Bid Price

remove 4.546

Bid Yield (%)

6.197 %

Change in Bid Yield

0.673

Bid Volume

200,000

Ask Price

95.629

Change in Ask Price

remove 3.846

Ask Yield (%)

6.091 %

Change in Ask Yield

0.567

Ask Volume

200,000

Price as of 03 Oct 2026, 1:27am

Odd Lot

Bid Price

94.929

Change in Bid Price

remove 2.647

Bid Yield (%)

6.197 %

Change in Bid Yield

0.397

Bid Volume

100,000

Ask Price

95.629

Change in Ask Price

remove 1.947

Ask Yield (%)

6.091 %

Change in Ask Yield

0.291

Ask Volume

100,000

Price as of 03 Oct 2026, 1:27am

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Bond Information

CVS Health Corporation provides health care and retail pharmacy services. The Company offers prescription medications, beauty, personal care, cosmetics, and health care products, as well as pharmacy benefit management (PBM), disease management, and administrative services. CVS Health operates in the United States and Puerto Rico.

Bond Issuer

CVS Health Corp

Guarantor

Announcement Date

11 Aug 2025

Issue Date

15 Aug 2025

Maturity Date

15 Sep 2035

Years to Maturity / Next Call

8.956 / 8.704

Modified Duration

6.915 @ 02 Oct 2026

Issue / Reoffer Price

99.970

Issue / Reoffer Yield

5.453

Coupon Type

Fixed

Annual Coupon Rate

5.450

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

US126650EK24

CUSIP

126650EK2

Bond Currency

USD

Total Issue Size

1,500,000,000

Min. Investment Quantity (Nominal)

USD 2,000

Incremental Quantity (Nominal)

USD 1,000

Bond Type

Corporate

Bond Sector

Health Care

Bond Sub Sector

Health Care Providers and Services

Issuer Credit Rating (S&P/ Fitch)

***/ BBB

Bond Credit Rating (S&P/ Fitch)

***/ BBB

Shariah Compliant

Exchange Listed

Others

Bond Feature(s)

Issuer Call

On or after the Applicable Par Call Date, we may redeem the 2032 notes, the 2035 notes, the 2055 notes and the 2065 notes, in whole or in part, at any time and from time to time, at a redemption price equal to 100% of the principal amount of the notes being redeemed plus accrued and unpaid interest thereon to, but excluding, the redemption date.

“Applicable Par Call Date” means (i) with respect to the 2032 notes, July 15, 2032 (two month(s) prior to the maturity date of such notes), (ii) with respect to the 2035 notes, June 15, 2035 (three month(s) prior to the maturity date of such notes), (iii) with respect to the 2055 notes, March 15, 2055 (six month(s) prior to the maturity date of such notes) and (iv) with respect to the 2065 notes, March 15, 2065 (six month(s) prior to the maturity date of such notes).

Make Whole Call

Prior to the Applicable Par Call Date, we may redeem the 2032 notes, 2035 notes, 2055 notes and 2065 notes at our option, in whole or in part, at any time and from time to time, at a redemption price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of:

(1) (a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the redemption date (assuming such notes matured on the Applicable Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus the Applicable Spread for such notes less (b) interest accrued to, but excluding, the redemption date, and

(2) 100% of the principal amount of the notes to be redeemed, plus, in either case, accrued and unpaid interest thereon to, but excluding, the redemption date.

“Applicable Spread” means (i) with respect to the 2032 notes, 20 basis points, (ii) with respect to the 2035 notes, 20 basis points, (iii) with respect to the 2055 notes, 25 basis points and (iv) with respect to the 2065 notes, 25 basis points.

Change Control Put

Repurchase of the Notes Upon a Change of Control Triggering Event

If a Change of Control Triggering Event (as defined below) occurs, holders of notes will have the right to require us to repurchase all or any part (in integral multiples of $1,000 up to the original principal amount) of their notes pursuant to the off er described below (the “Change of Control Off er”) on the terms set forth in the notes. In the Change of Control Off er, we will be required to off er payment in cash equal to 101% of the aggregate principal amount of notes repurchased plus accrued and unpaid interest, if any, on the notes repurchased, to, but excluding, the date of purchase(the “Change of Control Payment”).

“Change of Control” means the occurrence of any of the following: (1) any event requiring the fi ling of anyreport under or in response to Schedule 13D or 14D-1 pursuant to the Exchange Act disclosing beneficial ownership of either 50% or more of our common stock then outstanding or 50% or more of our voting power or our voting stock then outstanding; (2) the direct or indirect sale, transfer, conveyance or other disposition (other than by way of merger or consolidation), in one or a series of related transactions, of all or substantially all of our properties or our assets and the assets of our respective subsidiaries taken as a whole to one or more persons (as defined in the indenture) other than us or one of our subsidiaries; or (3) the fi rst day on which a majority of the members of our Board of Directors are not Continuing Directors. Notwithstanding the foregoing, a transaction will not be deemed to involve a Change of Control if (1) we become a direct or indirect wholly-owned subsidiary of a holding company and (2)(A) the direct or indirect holders of the voting stock of such holding company immediately following that transaction are substantially the same as the holders of our voting stock immediately prior to that transaction or (B) immediately following that transaction no person (other than a holding company satisfying the requirements of this sentence) is the beneficial owner, directly or indirectly, of more than 50% of the voting stock of such holding company.

Bondsupermart strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.

Coupon Dates	Coupon Receive	Principal Amount	Cash Flow

No Data