2023-05-18 17:02:53 ET
- IQVIA Holdings ( NYSE: IQV ) said Thursday its unit, IQVIA Inc., has priced an offering of $1.25 billion of senior notes, which was upsized from $1 billion, citing strong demand.
- The offering consists of $750 million of senior secured notes due 2028 and $500 million of senior notes due 2030.
- The senior secured notes will bear interest at a rate of 5.700% per annum and mature on May 15, 2028.
- The senior notes will bear interest at a rate of 6.500% per annum and mature on May 15, 2030.
- The proceeds from the offering will be used to repay existing borrowings under its unit's revolving credit facility and to pay related fees.
- Press Release .
For further details see:
IQVIA prices upsized $1.25B notes offering