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inVentiv Health Initiates Refinancing Transactions To Fund Continued Growth
Date:7/15/2014

BURLINGTON, Mass., July 15, 2014 /PRNewswire/ -- inVentiv Health, a life science knowledge and services company, announced today that it has initiated a series of capital market transactions to fund continued growth.

The transactions will extend debt maturities and substantially reduce cash interest expense.  Funds affiliated with Thomas H. Lee Partners, L.P. and other existing investors will invest an additional $50 million of capital in inVentiv in connection with these transactions, consistent with their support of the company's strategy and growth prospects.

"These transactions reflect the strength of our service offering and business outlook, and allow inVentiv Health to invest in incremental growth opportunities and enhance our capabilities as a leading healthcare services provider to the global biopharmaceutical industry," said inVentiv Health CEO Paul Meister.

The transactions are expected to close within 30 days. This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the financing described in this release, nor does it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. The financing offered will not be or has not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

About inVentiv Health
inVentiv Health, Inc. is a life science knowledge and services company purpose-built for the new healthcare marketplace. inVentiv has created a new model by converging a vast range of essential services to fully align with our clients' development and commercialization goals. With more than 12,000 employees supporting clients in 70 countries, our global scale and broad expertise make us an attra
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SOURCE inVentiv Health, Inc.
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