Jaguar Holding to fund consent bid for toggle notes via add-on issue

By Susanna Moon

Chicago, July 1 – Jaguar Holding Co. I said it plans to fund a consent solicitation to amend its 9 3/8%/ 10 1/8% senior pay-in-kind toggle notes due 2017 with proceeds from a private offering of notes.

The company plans an add-on offering of $600 million principal amount of its 9 3/8%/ 10 1/8% PIK notes due 2017 in a private offering, according to a company press release.

Jaguar is a Wilmington, N.C.-based global contract research organization providing clinical trial and lab services to pharmaceutical and biotechnology industries.

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