September 11, 2017 / 7:01 AM / 10 months ago

BRIEF-Quintiles IMS announces offering of senior notes

Sept 11 (Reuters) - Quintiles Ims Holdings Inc -

* Quintiles IMS announces offering of senior notes, redemption of existing euro senior notes and proposed amendment to senior secured credit facility

* Wholly owned unit intends to raise EUR 420 million in gross proceeds through an offering of senior notes due 2025

* Quintiles IMS also announced that issuer intends to pursue an amendment to its senior secured credit facility

* Terms of amendment are expected to provide for an incremental term loan B of up to $750 million

* Quintiles IMS- announced that issuer delivered a conditional notice of redemption to its outstanding 4.125% euro-denominated senior notes due 2023

* Quintiles IMS-proceeds from notes offering, together with proceeds from amendment, will be used to refinance certain indebtedness of issuer Source text for Eikon: Further company coverage:

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