IQVIA Completes $2.0B Offering of 6.375% Senior Notes Due 2034

Executive Summary

On September 23, 2026, IQVIA Inc., a wholly owned subsidiary of IQVIA Holdings Inc. (NYSE: IQV), finalized the issuance and sale of $2.0 billion aggregate principal amount of 6.375% Senior Notes due 2034 under an Indenture dated September 23, 2026.

Key Terms of the Offering

• Issuer: IQVIA Inc.
• Parent / Guarantor: IQVIA Holdings Inc. and certain subsidiary guarantors.
• Aggregate Principal Amount: $2,000,000,000 gross proceeds.
• Interest Rate & Schedule: 6.375% per annum, payable semi-annually on March 15 and September 15, commencing March 15, 2027.
• Maturity Date: March 15, 2034.
• Ranking: Unsecured senior obligations of the Issuer.
• Redemption Provisions:
  • Prior to September 15, 2029: Callable at make-whole redemption price, alongside customary equity claw redemption terms.
  • On or after September 15, 2029: Callable at specified redemption premiums stepping down from 3.188% to par.

Capital Allocation & Use of Proceeds

The net proceeds will be deployed to:

1. Redeem in full IQVIA Inc.'s outstanding 5.000% Senior Notes due 2026.
2. Pay down outstanding balances under the company's revolving credit facility.
3. Cover offering fees and related transaction expenses.

Impact on Balance Sheet and Maturity Profile

This transaction extends IQVIA's debt maturity runway by refinancing impending 2026 maturities out to 2034, enhancing liquidity and preserving flexibility in its capital structure.