Latham & Watkins Represents Molina Healthcare in US$850 Million Senior Notes Offering and New Revolving Credit Facility

Molina Healthcare, Inc. (NYSE: MOH) announced the closing of its offering of US$850 million aggregate principal amount of 6.500% senior notes due 2031, sold in a private offering to individuals reasonably believed to be "qualified institutional buyers" pursuant to Rule 144A under the Securities Act of 1933, and to certain non-US persons outside the United States in reliance on Regulation S under the Securities Act. The Company also announced a new revolving credit facility.

Latham & Watkins LLP represented Molina Healthcare in the financings with a Capital Markets team led by partner Jason Licht and counsel Christopher Cronin, with associates Jack Anderson and Rachel Collier and assistance from Jane Lee, and a finance team by partner Stephanie Teicher, with associates Chen Tang, Young Joo, and Michelle Cha. Advice was also provided on tax matters by partners Pardis Zomorodi and Eric Cho, with associate Joe Marcus.