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Prospect News home > News index > List of issuers T > Headlines for TD Synnex Corp. > News item
Published on 4/9/2024 in the Prospect News Investment Grade Daily.

Fitch rates TD Synnex notes BBB-

Fitch Ratings said it assigned a BBB- rating to TD Synnex Corp.'s new senior unsecured notes.

Fitch said it rates TD Synnex's long-term issuer default rating and senior unsecured debt BBB-.

The proceeds will be used to retire TD Synnex's $700 million of 1.25% notes due Aug. 9 and for general corporate purposes. Fitch said it expects the transaction to be about leverage neutral to modestly deleveraging.

The outlook is stable.


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