TD SYNNEX sells $1.15 billion of senior notes due 2029 and 2035
TD SYNNEX issued and sold $550 million of 4.300% Senior Notes due 2029 and $600 million of 5.300% Senior Notes due 2035 in a registered public offering. The company received net offering proceeds of about $1.14 billion before expenses, which it plans to use to repay a $581.3 million term loan, redeem $700 million of 1.750% notes due 2026, and for general corporate purposes.
Key points
- Notes total $1.15 billion: $550 million due January 17, 2029 at 4.300% and $600 million due October 10, 2035 at 5.300%
- Net offering proceeds of approximately $1.14 billion before expenses
- Proceeds intended to repay part or all of a $581.3 million senior unsecured term loan and repay or redeem $700 million of 1.750% notes due August 9, 2026
- The Indenture includes customary covenants limiting liens, sale/leaseback transactions and certain mergers or asset sales
The filing
Written by AI on Nov 8, 2026, 7:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 10, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.