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New Issue-inVentiv Health sells $275 mln in notes
July 30, 2010 / 5:33 PM / 7 years ago

New Issue-inVentiv Health sells $275 mln in notes

 (Corrects trading symbol to VTIV.O instead of VTV.O).
 July 28 (Reuters) - inVentiv Health Inc VTIV.O on
Wednesday sold $275 million of senior notes in the 144a private
placement market, said IFR, a Thomson Reuters service.
 Bank of America Merrill Lynch, Citigroup, Credit Suisse,
and Deutsche Bank were the joint bookrunning managers for the
sale.
BORROWER: INVENTIV HEALTH INC
AMT $275 MLN      COUPON 10.00 PCT    MATURITY 8/15/2018 
TYPE SR NTS       ISS PRICE 100.00    FIRST PAY 2/15/2011
MOODY'S Caa1      YIELD 10.00 PCT     SETTLEMENT 8/4/2010
S&P B-MINUS       SPREAD 739 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE 4 YRS*
* MAKE-WHOLE CALL 50 BPS

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