May 02, 2012 at 11:09 AM EDT
TEXT-S&P rates Wellpoint 10-year, 30-year debt 'A-'
May 2 - Standard & Poor's Ratings Services said today that it assigned its 'A-' senior unsecured debt rating to WellPoint Inc.'s (NYSE:WLP) planned debt issuance, which is expected to consist of a mix of 10-year and 30-year notes. The rating on the new issuance reflects WellPoint's very strong competitive position, strong earnings and cash flow profile, and very strong liquidity and financial flexibility. Offsetting factors include WellPoint's exposure to moderately elevated industry r
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