May 21, 2020 / 11:29 AM / 15 days ago

BRIEF-PPD Inc Says Intends To Offer $700 Million Senior Notes

May 21 (Reuters) - PPD Inc:

* PPD, INC. ANNOUNCES OFFERING OF SENIOR NOTES

* PPD INC - INTENDS TO OFFER $700 MILLION SENIOR NOTES

* PPD INC - NOTES ARE EXPECTED TO BE ISSUED BY COMPANY’S INDIRECT WHOLLY OWNED SUBSIDIARIES, JAGUAR HOLDING COMPANY II AND PPD DEVELOPMENT, L.P.

* PPD INC - INTENDS TO USE NET PROCEEDS FROM OFFERING OF NOTES TO REDEEM A PORTION OF 6.375% SENIOR NOTES DUE 2023 ISSUED BY UNITS IN AUGUST 2015 Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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