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Published on 4/9/2024 in the Prospect News Investment Grade Daily.

S&P gives TD Synnex notes BBB-

S&P said it gave a BBB- rating to TD Synnex Corp.'s planned $500 million of senior unsecured notes due 2034.

The company is expected to use the proceeds for either general corporate purposes or to redeem its $700 million of senior notes due in August, which are also rated BBB-.

The outlook is stable.


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