TD SYNNEX Corporation entered into an amendment to its accounts receivable securitization program on September 25, 2026. The agreement, known as the Eighth Omnibus Amendment to the Fifth Amended and Restated Receivables Funding and Administration Agreement (RFA) and the Third Amended and Restated Receivables Sale and Servicing Agreement (SSA), was executed among TD SYNNEX, its subsidiary originators, SIT Funding LLC, the lenders, managing agents, and The Toronto-Dominion Bank, which serves as the Administrative Agent.
The amendment modifies the maturity date of the Trade Receivables Securitization to September 25, 2028. Additionally, the lenders have increased their aggregate commitment to $3,000,000,000.
The effective borrowing cost under the program was adjusted through a modification to the program fee. This fee now accrues at 0.725% per annum for advances funded through the issuance of commercial paper and 0.825% per annum for advances funded other than through the issuance of commercial paper. Lenders were paid an upfront fee in connection with the execution of the amendment.
The full text of the amendment is attached as Exhibit 10.1 to the filing.
