Davis Polk advised Aetna Inc., as borrower, in connection with a new $1.5 billion senior five-year revolving credit facility. The facility may be used for general corporate purposes. JPMorgan Chase Bank, N.A. was the administrative agent and J.P. Morgan Securities Inc., Citigroup Global Markets Inc., and Merrill Lynch, Fenner and Smith Incorporated were the joint lead arrangers and joint bookrunners.

Based in Hartford, Connecticut, Aetna is one of the nation’s leading providers of health care, dental, pharmacy, group life, and disability insurance, and employee benefits. 

The Davis Polk corporate team included partner Jason Kyrwood and associates Meyer C. Dworkin and Samantha Hait (admitted only in New Jersey). The tax team included partner Harry Ballan and associate William A. Curran. All members of the Davis Polk team are based in the New York office.