New Issue-Quintiles sells $525 mln in senior notes

Fri Dec 4, 2009 4:12pm EST 

  Dec 4 (Reuters) - Quintiles Transnational Holdings Inc on
Friday sold $525 million of senior notes in the 144a private
placement market, said IFR, a Thomson Reuters service.
  The size of the deal was increased from an originally
planned $400 million.
  Morgan Stanley and Citi were the joint bookrunning
managers for the sale.
BORROWER: QUINTILES TRANSNATIONAL HOLDINGS INC
AMT $525 MLN      COUPON 9.50 PCT     MATURITY 12/30/2014
TYPE SR NTS       ISS PRICE 98.00     FIRST PAY 6/30/2010
MOODY'S B3        YIELD 10.012 PCT    SETTLEMENT 12/15/2009
S&P B-PLUS        SPREAD 777 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE       
((New Issue by Thomson Reuters; +1-646-223-6886 e-mail:
uscorpbonds@reuters.com))
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