01—Abstract
Summary
Summary of the 8-K filed October 8, 2025. Cited figures are marked; the original filing is the authoritative source.
On October 7, 2025, TD SYNNEX Corporation entered into an underwriting agreement with BofA Securities, Inc., HSBC Securities (USA) Inc., Scotia Capital (USA) Inc. and Wells Fargo Securities, LLC, as representatives of the several underwriters, to issue and sell $550 milliona principal amount of 4.300% Senior Notes due 2029 and $600 million principal amount of 5.300% Senior Notes due 2035.
The offering is being made under a Registration Statement on Form S-3 (File No. 333-278517) and a Prospectus Supplement dated October 7, 2025, to a Prospectus dated April 5, 2024. The offering is expected to close on October 10, 2025, subject to customary closing conditions. The underwriting agreement contains customary representations, warranties, agreements, closing conditions and termination provisions.
The filing does not state the intended use of proceeds or any other terms beyond the coupon rates and maturities. For investors, the filing signals a $1.15 billionb aggregate senior unsecured debt issuance with staggered maturities in 2029 and 2035. The complete terms of the underwriting agreement are filed as Exhibit 1.1 and incorporated by reference.
02—Key points
Key Highlights
- Issuance of $550 million of 4.300% Senior Notes due 2029 and $600 million of 5.300% Senior Notes due 2035, totaling $1.15 billion in principal amount
- Underwriting agreement dated October 7, 2025 with BofA Securities, HSBC Securities (USA), Scotia Capital (USA) and Wells Fargo Securities, LLC as representatives of the underwriters
- Offering made under Form S-3 Registration Statement (File No. 333-278517) and a Prospectus Supplement dated October 7, 2025 to a Prospectus dated April 5, 2024
- Offering expected to close on October 10, 2025, subject to customary closing conditions
- Underwriting agreement includes customary representations, warranties, agreements, closing conditions and termination provisions
- Full underwriting agreement filed as Exhibit 1.1 and incorporated by reference
03—Questions
Frequently Asked Questions
How much debt is TD SYNNEX issuing in this offering?
The company is issuing $550 million of 4.300% Senior Notes due 2029 and $600 million of 5.300% Senior Notes due 2035, for a total of $1.15 billion in principal amount.
When is the offering expected to close?
The offering is expected to close on October 10, 2025, subject to customary closing conditions.
Under what registration and prospectus is the offering being made?
The Notes are offered under a Registration Statement on Form S-3 (File No. 333-278517), which became effective upon filing, and a Prospectus Supplement dated October 7, 2025 to a Prospectus dated April 5, 2024.
Who are the underwriters for the offering?
BofA Securities, Inc., HSBC Securities (USA) Inc., Scotia Capital (USA) Inc. and Wells Fargo Securities, LLC are acting as representatives of the several underwriters named in Schedule A to the underwriting agreement.
Where can investors find the full terms of the underwriting agreement?
The full text is filed as Exhibit 1.1 to this Current Report on Form 8-K and is incorporated by reference.
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