Iqvia to pay down revolver drawings with senior notes proceeds

By Sara Rosenberg

New York, May 7 – Iqvia Inc. plans to repay borrowings under its revolving credit facility with proceeds from a $1.1 billion senior unsecured notes offering, according to a market source.

Any remaining proceeds from the notes will be used for general corporate purposes.

Durham, N.C.-based Iqvia is a provider of advanced analytics, technology solutions and contract research services to the life sciences industry.

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