aibioIQVIA issues $2,000,000,000 of 6.375% senior notes due 2034
Tickers IQV
The notes are governed by an indenture dated September 23, 2026, with U.S. Bank Trust Company, National Association, as trustee.
Key facts
- Company
- IQVIA HOLDINGS INC. (NYSE: IQV)
- News type
- Debt Financing
- Primary source
- SEC filing (Form 8-K)
IQVIA Inc., a wholly owned subsidiary of IQVIA Holdings Inc., completed the issuance and sale of $2,000,000,000 aggregate principal amount of 6.375% Senior Notes due 2034 on September 23, 2026. The notes were issued under an indenture of the same date, filed as Exhibit 4.1 to a Form 8-K. Certain subsidiaries of the issuer guarantee the notes, and U.S. Bank Trust Company, National Association, serves as trustee.
The filing says the net proceeds will be used to redeem in full the issuer's senior notes due 2026, to repay part of the debt under its revolving credit facility and to pay fees and expenses of the offering.
The notes are unsecured. Before September 15, 2029 the issuer may redeem them at a make-whole premium. The indenture defines an Applicable Premium for early redemption: the greater of 1.0% of the principal amount and a present value amount based on the redemption price at September 15, 2029, plus interest through that date, discounted at the Treasury Rate plus 50 basis points.
The indenture also includes covenants that limit liens and sale and lease-back transactions, and it covers mergers and consolidations. It requires an offer to repurchase the notes upon a change of control triggering event. It also sets out additional subsidiary guarantees and events of default. The filing names no placement agent, initial purchaser or advisor.