---
schema_version: "secwatch.filing_event.v1"
accession: "0001177394-24-000044"
form_type: "8-K"
ticker: "SNX"
cik: "0001177394"
company_name: "TD SYNNEX CORP"
filed_at: "2024-04-22T23:59:59+00:00"
generated_at: "2026-06-03T13:34:25.921016+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TD SYNNEX enters $3.5B revolver, new $750M term loan; repays $750M of existing term loan

## Summary
- Amended and restated $3.5B revolving credit facility matures April 16, 2029; two one-year extension options.
- New $750M senior unsecured term loan due Sept 1, 2027; proceeds used to prepay portion of existing $1.331B term loan.
- Existing term loan reduced from $1.331B to $581M after prepayment.
- Interest rates: SOFR + 0.10% credit spread + margin (1.00%-1.75% revolver; 1.00%-1.625% term).
- Financial covenants: max leverage 4.00x, min interest coverage 3.00x.

## SEC filing metadata
- accession: 0001177394-24-000044
- form_type: 8-K
- ticker: SNX
- cik: 0001177394
- company_name: TD SYNNEX CORP
- filed_at: 2024-04-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1177394/000117739424000044/0001177394-24-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1177394/000117739424000044/snx-20240416.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001177394-24-000044
- JSON: https://secwatch.observer/filing/0001177394-24-000044.json
- Plain text: https://secwatch.observer/filing/0001177394-24-000044.txt

## Key facts
- Material Agreements
  TD SYNNEX CORP amended Amended and Restated Credit Agreement with Citibank, N.A. valued at $3.5 billion (effective 2024-04-16).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Citibank, N.A.
  - Value: $3.5 billion
  - Effective: 2024-04-16
  source text: On April 16, 2024, TD SYNNEX Corporation (“TD SYNNEX”) entered into an Amended and Restated Credit Agreement (the “Amended and Restated Credit Agreement”) with TD SYNNEX UK Acquisition Limited as a designated borrower, the initial lenders party thereto, and Citibank, N.A. (“Citibank”), as administrative agent for the lenders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1177394/000117739424000044/0001177394-24-000044-index.htm
- Material Agreements
  TD SYNNEX CORP entered into Term Loan Credit Agreement with Bank of America, N.A. valued at $750 million (effective 2024-04-19).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A.
  - Value: $750 million
  - Effective: 2024-04-19
  source text: On April 19, 2024, TD SYNNEX entered into a Term Loan Credit Agreement (the “New Term Loan Credit Agreement” and, together with the Amended and Restated Credit Agreement, the “Credit Agreements”) with the initial lenders party thereto, Bank of America, N.A. (“Bank of America”), as administrative agent for the lenders, and BOFA Securities, Inc., as lead arranger and lead bookrunner.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1177394/000117739424000044/0001177394-24-000044-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.