ICON announces private offering of senior notes with registration rights
ICLR•ICON launches private offering of senior notes
ICON launched a private offering of one or more series of senior notes with registration rights, guaranteed on a senior unsecured basis.
Proceeds are earmarked to repay the bridge secured credit facility, repay existing term loans, and redeem 5.809% senior secured notes due 2027.
Repayment would trigger automatic release of collateral securing the revolving credit facility, releasing subsidiary guarantees under existing notes.
