|Bid||0.00 x 1000|
|Ask||0.00 x 1100|
|Day's Range||144.73 - 144.99|
|52 Week Range||95.50 - 151.47|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||14.26|
|Earnings Date||Aug 27, 2020 - Aug 31, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||147.50|
Moody's Investors Service (Moody's) is withdrawing the ratings for certain Tech Data Corporation senior unsecured notes. Instead, the senior unsecured notes of Tech Data (old) were transferred to Tech Data as a result of the acquisition by Apollo Global Management, Inc.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Tech Data Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Moody's Investors Service, ("Moody's") downgraded the remaining, untendered senior unsecured notes of Tech Data Corporation (Tech Data) to B1 from Baa3 as a result of the recent debt-financed buyout by Apollo Global Management. In conjunction with the change in ownership, the instrument ratings on the untendered senior unsecured notes will become part of Tech Data Corporation (New).