 DRAPER, Utah, Sept. 28, 2021 GLOBE NEWSWIRE -- HealthEquity NASDAQ: HQY, the nations largest health savings account HSA non-bank custodian, today announced that it has commenced, subject to market and other conditions, an offering of 500 million aggregate principal amount of its senior notes due 2029. It is expected that the senior notes will be guaranteed by certain of HealthEquitys subsidiaries on a senior unsecured basis. HealthEquity intends to use the net proceeds from the offering, together with cash on hand and borrowings under new credit facilities, to refinance outstanding amounts under its existing term loan andor for general corporate purposes. 