(Bloomberg) -- WellPoint Inc., the second-biggest U.S. health insurer, is planning a four-part debt offering to help fund its $4.9 billion acquisition of Amerigroup Corp.

The operator of the Blue Cross and Blue Shield insurance plans may sell three-, five-, 10- and 30-year notes as soon as today, according to a person familiar with the transaction. The offering will be of benchmark size, typically at least $500 million.

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