Moody's assigns Ba3 to CDW's new notes; outlook changed to positive from stable; all other ratings affirmed
New York, February 23, 2017-- Moody's Investors Service assigned a Ba3 rating to the proposed $500 million senior unsecured notes to be issued by CDW LLC, a wholly-owned subsidiary of CDW Corporation. As part of the rating action, Moody's changed the ratings outlook on CDW's debt to positive from stable, and affirmed CDW's corporate family rating at Ba2, probability of default rating at Ba2-PD and CDW LLC's senior secured term loan at Ba1. Moody's also affirmed the company's SGL-1...
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