debt
confidence high
sentiment neutral
materiality 0.65
Paychex issues $4.2B in senior notes across three tranches: 5.100%, 5.350%, 5.600% due 2030-2035
PAYCHEX INC
- Issued $1.5B 5.100% senior notes due 2030, $1.5B 5.350% notes due 2032, and $1.2B 5.600% notes due 2035.
- Total aggregate principal of $4.2B; offered via underwriters led by J.P. Morgan and BofA Securities.
- Notes issued under indenture with Bank of New York Mellon Trust as trustee; legal opinion filed.