01—Abstract
Summary
Summary of the 8-K filed January 26, 2026. Cited figures are marked; the original filing is the authoritative source.
TD SYNNEX Corporation (SNX) filed this Form 8-K on January 26, 2026 to report an amendment to its accounts receivable securitization program, the Trade Receivables Securitization.
On January 21, 2026, TD SYNNEX, its subsidiary originators, and SIT Funding LLC, the borrower, entered into the Seventh Omnibus Amendment to the Fifth Amended and Restated Receivables Funding and Administration Agreement and the Third Amended and Restated Receivables Sale and Servicing Agreement. The lenders, managing agents, and The Toronto-Dominion Bank, Ltd., as administrative agent, are parties to the amendment. The most important change for investors is the extension of the program's maturity date to January 20, 2028.
The filing also states that the lenders were paid an upfront fee in connection with the amendment, but it does not disclose the fee amount. The filing does not provide the program's size or borrowing terms beyond these points.
The full amendment is filed as Exhibit 10.1. Certain schedules and information were omitted under Regulation S-K Items 601(a)(5), 601(a)(6), and/or 601(b)(10)(iv), and the company has undertaken to furnish omitted materials to the SEC on request, subject to possible confidential treatment under Rule 24b-2.
02—Key points
Key Highlights
- Entered into the Seventh Omnibus Amendment to the receivables funding and sale/servicing agreements on January 21, 2026, for the Trade Receivables Securitization
- Program maturity extended to January 20, 2028
- Lenders were paid an upfront fee in connection with the amendment; the fee amount is not stated in the filing
- SIT Funding LLC is the borrower; The Toronto-Dominion Bank, Ltd. is administrative agent
- Full amendment filed as Exhibit 10.1, with some schedules and information omitted under Regulation S-K
- Cover page interactive data (Exhibit 104) included with the filing
03—Questions
Frequently Asked Questions
What did TD SYNNEX change in its receivables securitization program?
The company amended the Trade Receivables Securitization on January 21, 2026, through the Seventh Omnibus Amendment to the Fifth Amended and Restated Receivables Funding and Administration Agreement and the Third Amended and Restated Receivables Sale and Servicing Agreement. The main change disclosed is the extension of the maturity date to January 20, 2028.
When does the receivables securitization program now mature?
The maturity date has been extended to January 20, 2028, according to the filing.
Who are the parties to the amended agreements?
The parties include TD SYNNEX Corporation, its subsidiary originators, SIT Funding LLC as borrower, the lenders and managing agents party thereto, and The Toronto-Dominion Bank, Ltd. as administrative agent.
Did the company pay any costs to amend the program?
The filing states that the lenders were paid an upfront fee in connection with the amendment. It does not disclose the amount of the fee.
04—Continue