TD SYNNEX CORP (SNX): debt financing — TD SYNNEX issues $600M 6.100% senior notes due 2034 to refinance near-term debt

TD SYNNEX CORP

Issued $600M aggregate principal of 6.100% Senior Notes due April 12, 2034, in a registered public offering.
Net proceeds of approximately $595.5M; will use funds to repay or redeem $700M of 1.250% notes due Aug 2024.
Interest payable semi-annually on Apr 12 and Oct 12, beginning Oct 12, 2024; notes redeemable at par after Jan 12, 2034.
Indenture includes customary covenants and events of default; trustee is Citibank N.A.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

TD SYNNEX CORP incurred senior notes of $600,000,000 aggregate principal amount with Citibank, N.A. at 6.100% maturing April 12, 2034.

Instrument: senior notes
Principal: $600,000,000 aggregate principal amount
Counterparty: Citibank, N.A.
Rate: 6.100%
Maturity: April 12, 2034
Event: incurrence

Exact text from the filing

On April 12, 2024, TD SYNNEX Corporation (“TD SYNNEX” or the “Company”) issued and sold $600,000,000 aggregate principal amount of 6.100% Senior Notes due 2034

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

TD SYNNEX CORP entered into Indenture with Citibank, N.A. valued at $600,000,000 aggregate principal amount of 6.100% Senior Notes due 2034 (effective 2024-04-12).

Action: entry
Agreement: notes offering
Counterparty: Citibank, N.A.
Value: $600,000,000 aggregate principal amount of 6.100% Senior Notes due 2034
Effective: 2024-04-12

Exact text from the filing

On April 12, 2024, TD SYNNEX Corporation (“TD SYNNEX” or the “Company”) issued and sold $600,000,000 aggregate principal amount of 6.100% Senior Notes due 2034 (the “Notes,” and such offering, the “Notes Offering”).

View on SEC.gov

299 debt financings filed in the last 30 days. Browse all debt financings →

TD SYNNEX CORP filing history →

Source: SEC EDGAR

accession 0001193125-24-094641

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.