IMS Health to redeem $649.72 million of 12½% bonds April 10

By Tali Rackner

Norfolk, Va., April 4 - IMS Health Inc. changed the redemption date for its $649.72 million, or 65%, of 12½% senior unsecured exchange notes due 2018, according to a release.

The notes will be redeemed at 112.5 plus accrued interest, for total consideration of $737,733,291.67, on April 10. The previous redemption date was April 2.

U.S. Bank NA is the paying agent.

IMS is a Parsippany, N.J.-based provider of information, services and technology for the health-care industry.

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