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Automatic Data Processing, Inc. has entered into an agreement to issue $1 billion in 4.750% senior notes due in 2032

ADPAutomatic Data Processing Inc

Automatic Data Processing, Inc. has entered into an agreement to issue $1 billion in 4.750% senior notes due in 2032. This significant debt issuance provides the company with substantial liquidity for potential refinancing or general corporate purposes, which will impact its long-term capital structure and interest expense profile.

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