TEXT-Fitch rates WellPoint senior notes 'A-'
May 02, 2012 at 17:14 PM EDT
May 2 - Fitch Ratings has assigned an 'A-' rating to WellPoint, Inc.'s (WellPoint) proposed issuance of $1.75 billion of senior unsecured notes. Fitch has also affirmed the long-term Issuer Default Rating (IDR) of WellPoint at 'A', and the Insurer Financial Strength (IFS) ratings of WellPoint's operating subsidiaries at 'AA-'. A full list of today's rating actions can be found below. The Rating Outlook remains Stable. Fitch expects proceeds from the debt issuance to be used primaril