debt
confidence high
sentiment neutral
materiality 0.55
DXC Technology prices $1.35B senior notes offering to refinance existing debt
DXC Technology Co
- Prices $700M 1.800% Senior Notes due 2026 at 99.900% and $650M 2.375% Senior Notes due 2028 at 99.910%.
- Net proceeds to repay 4.125% notes due 2025, 4.750% notes due 2027, and 7.45% notes due 2029.
- Offering led by BofA, Citigroup, J.P. Morgan; closing expected September 9, 2021.
- Notes offered under shelf registration statement effective with SEC.