CVS Eyes Up to $2.5 Billion Bond Sale as It Buys Back Debt (1)

CVS Health Corp. is talking to investors about possibly selling as much as $2.5 billion of bonds, according to people with knowledge of the matter.

The health care company asked Barclays Plc, Citigroup Inc., and Goldman Sachs Group Inc. to arrange investor calls on Monday, according to a person with knowledge of the matter.

The new debt sale could come as soon as Tuesday, and is expected to be in the $2 billion to $2.5 billion range, said different people, asking not to be identified because the discussions are private. The securities will have characteristics of debt and equity ...