IMS Health Holdings amendment expands term loan A by $300 million

By Wendy Van Sickle

Columbus, Ohio, Jan. 21 – IMS Health Holdings, Inc. amended its senior secured credit facility on Jan. 15 to expand its term A facility by $300 million, according to an 8-K filed with the Securities and Exchange Commission.

Proceeds will be used for general corporate purposes, including funding acquisitions and repaying existing loans under IMS Health’s senior secured revolving credit facility.

The credit agreement is initially dated March 17, 2014, and Bank of America, NA is its administrative agent.

IMS Health is a Danbury, Conn.-based information and technology services company with clients in the health-care industry.

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