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Quintiles refinances, adds $1.95bn in secured credit facilities

2015-05-15 18:49:47| Telecom - Topix.net

Quintiles has completed its previously announced refinancing in which it entered into new senior secured credit facilities totaling $1.95bn, consisting of a $500m revolving credit facility and $1.45bn of term loans. In addition, the company via wholly-owned subsidiary Quintiles Transnational completed the offering of its $800m principal amount of 4.875% senior unsecured notes due 2023 in a private placement that is exempt from the registration requirements of the Securities Act of 1933.

Tags: credit facilities adds secured

 

Quintiles refinances, adds $1.95bn in secured credit facilities

2015-05-15 18:24:11| IT Services - Topix.net

Quintiles has completed its previously announced refinancing in which it entered into new senior secured credit facilities totaling $1.95bn, consisting of a $500m revolving credit facility and $1.45bn of term loans. In addition, the company via wholly-owned subsidiary Quintiles Transnational completed the offering of its $800m principal amount of 4.875% senior unsecured notes due 2023 in a private placement that is exempt from the registration requirements of the Securities Act of 1933.

Tags: credit facilities adds secured

 
 

How a Houston apartment developer secured a coveted deal with Whole Foods

2015-05-12 17:22:49| Grocery - Topix.net

The Morgan Group will build apartments on top of the newly announced Whole Foods Market location planned for Midtown. It will be across the street from Morgan Group's Pearl Midtown community.

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Bought 2 Gastar Exploration 8.625% Senior Secured Bonds Maturing In May 2018

2015-04-10 15:47:56| Logistics - Topix.net

I swapped out of the leveraged bond CEF ACG, selling the shares held in a taxable account only, and bought a senior secured bond to generate more income. I assume more credit risk with the bond, which I am willing to do in a taxable account.

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Farmer Bros. Co. Announces New $75 Million Senior Secured Revolving Credit Facility

2015-03-06 10:35:12| Food - Topix.net

Farmer Bros. Co. today announced that it has entered into a new five-year $75 million senior secured revolving credit facility led by JPMorgan Chase Bank, N.A. , as Administrative Agent, and SunTrust Bank , as Syndication Agent, to replace the Company's existing $75 million credit facility with Wells Fargo Bank, N.A. that expired on March 2, 2015.

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