IQVIA Inc. priced $2,000,000,000 of senior notes due 2034 at 6.375% interest, with proceeds designated to redeem its Senior 5.000% Notes due 2026 and repay revolving Credit debt. Investors receive a defined refinancing plan, with issuance expected on or about September 23, 2026, subject to customary closing conditions.

Key Highlights

  • The senior notes will pay interest semi-annually on March 15 and September 15, beginning March 15, 2027.
  • IQVIA intends to use proceeds to redeem its Senior 5.000% Notes due 2026 and repay part of its revolving credit facility.
  • IQVIA Holdings Inc. is pursuing $2 billion of senior notes due 2034.
  • The notes will bear interest at 6.375% annually and mature on March 15, 2034.

IQVIA HOLDINGS INC. (NYSE: IQV) is pursuing $2,000,000,000 of senior notes due 2034, giving its Wholly Owned Subsidiary IQVIA Inc. a new long-dated Debt instrument. The proceeds are designated for debt repayment and offering-related fees and expenses.

$2 Billion Notes Carry 6.375% Interest

The notes will bear interest at 6.375% per annum and mature on March 15, 2034, unless repurchased or redeemed earlier under their terms. Interest payments will be made twice a year on March 15 and September 15, beginning March 15, 2027. The offering is being made to qualified institutional buyers in the United States under Rule 144A and to non-U.S. Investors under Regulation S.

Proceeds Target 2026 Notes and Revolving Debt

IQVIA intends to redeem in full its Senior 5.000% Notes due 2026 with the proceeds. The planned refinancing replaces the existing Senior 5.000% Notes due 2026 with notes carrying a 6.375% annual Interest Rate and extending to 2034.