Posted on
10547
IQVIA Holdings Inc. (“IQVIA”) (NYSE:IQV) today announced that its wholly owned subsidiary, IQVIA Inc. (the “Issuer”), intends to raise €1,450,000,000 in gross proceeds (equivalent to approximately $1,761,000,000) through an offering of senior notes due 2026 and senior notes due 2029 (collectively, the “Notes”). IQVIA also announced that the Issuer intends to deliver a notice of redemption with respect to its outstanding 3.250% senior notes due 2025 (the “3.250% Notes”).
The proceeds from the Notes offering will be used to redeem all of the Issuer’s 3.250% Notes, including the payment of premiums in respect thereof, and to pay fees and expenses related to the Notes offering. The consummation of the Notes offering is subject to market and other customary conditions.