Fortrea Holdings Inc. 7.5% 01-JUL-2030Fortrea Holdings Inc. 7.5% 01-JUL-2030Fortrea Holdings Inc. 7.5% 01-JUL-2030

Fortrea Holdings Inc. 7.5% 01-JUL-2030

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FOHO5602496 analysis



Key facts


Issue date
Jun 27, 2023
Maturity date
Jul 1, 2030
Outstanding amount
‪570.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
7.50% (Fixed)
Yield to maturity
7.73%
Fortrea Holdings, Inc. engages in the provision of clinical development and commercialization services. It operates under the Clinical Services and Enabling Services Segments. The Clinical Services segment provides services across the clinical pharmacology, clinical development, and other clinical service spectrum utilizing enabling services and technology through multiple delivery models. The Enabling Services segment provides technology solutions directly to customers that streamline complex randomization and optimize the trial drug supply process, while minimizing operational costs and supporting timely and accurate patient dosing. The company was founded on January 31, 2023 and is headquartered in Durham, NC.
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