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BRIEF-WellPoint to offer $1.35 billion of senior convertible debentures

Oct 1 (Reuters) - WellPoint Inc :

* To offer $1.35 billion of senior convertible debentures

* Says the debentures would be due in 2042

* To use up to $600 million of proceeds to buy shares of common stock

concurrently with offering of the debentures

* To grant to initial buyers of debentures right to purchase up to additional

$150 million principal amount of debentures

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