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CDW Corp has signed a big deal to sell $1.5 billion in senior notes.

New sharesRead the original at sec.gov
Neutral

CDW filed to sell $1.5B of senior notes due 2029-2033; the filing does not disclose how the proceeds will be used, so we view it as neutral.

CDW · CDW Corp

AI read · Neutral

The AI's read

CDW filed an 8-K saying it agreed to sell $1.5B of senior notes with 5.7%-6.35% coupons. The notes add financing and will raise annual interest costs. The filing gives no use-of-proceeds or repayment detail, so this news does not change the company's outlook.

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