QuintilesIMS Announces Pricing on Offering of Senior Notes

9/11/17

DANBURY, Conn. & RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Quintiles IMS Holdings, Inc. (NYSE: Q) today announced the pricing of the offering of €420 million in gross proceeds of senior notes to be issued by its wholly owned subsidiary, Quintiles IMS Incorporated. The net proceeds from the notes offering, together with proceeds from the previously announced amendment to the Issuer’s senior secured credit facility (the “Amendment”), will be used to refinance certain indebtedness of the Issuer, including the redemption of its outstanding 4.125% euro-denominated senior notes due 2023, to pay down the Issuer’s revolving credit facility, to pay fees and expenses related to the notes offering and the Amendment and for other general corporate purposes, which may include share repurchases and acquisitions.

About QuintilesIMS

QuintilesIMS (NYSE:Q) is a leading integrated information and technology-enabled healthcare service provider worldwide, dedicated to helping its clients improve their clinical, scientific and commercial results. Formed through the merger of Quintiles Transnational and IMS Health, QuintilesIMS’s approximately 50,000 employees conduct operations in more than 100 countries. Companies seeking to improve real-world patient outcomes through treatment innovations, care provision and access can leverage QuintilesIMS’s broad range of healthcare information, technology and service solutions to drive new insights and approaches. QuintilesIMS provides solutions that span clinical to commercial, bringing customers a unique opportunity to realize the full potential of innovations and advanced healthcare outcomes.

It's on us. Share your news here.

Submit your stories and articles to citybizlist today.