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AI brief of an SEC Form 8-K · TD Synnex (SNX)

TD SYNNEX signs $1.75 billion senior unsecured term loan maturing November 2029

Neutral Impact 3 of 5 financing

TD SYNNEX entered into a $1,750 million senior unsecured term loan with Bank of America as administrative agent, dated November 2, 2026. Part of the proceeds repaid in full an existing $750 million term loan that would have matured September 1, 2027, and the rest will fund general corporate purposes, including acquisitions.

Key points

  • New term loan: $1,750 million, maturing November 2, 2029, with no scheduled amortization before maturity
  • Interest set at SOFR plus a margin of 1.00% to 1.625%, based on TD SYNNEX's public debt rating
  • Repaid in full the $750 million term loan that would have matured September 1, 2027
  • Financial covenants require a maximum funded debt to EBITDA ratio of 4.00 to 1.00 and a minimum EBITDA to interest charges ratio of 3.00 to 1.00

The filing

CompanyTD Synnex (SNX)
Form8-K, current report
Filed with the SECNov 5, 2026, 4:17 PM ET
Accession number0001628280-26-071079

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.