TD SYNNEX secures $1.75 billion term loan with Bank of America as agent
SNX•TD SYNNEX entered a $1.75 billion senior unsecured term loan agreement with Bank of America as administrative agent. The loan matures November 2, 2029, and partly refinanced and fully repaid a $750 million term loan due in 2027.
1. Loan terms
TD SYNNEX entered the agreement on November 2, 2026. The remaining proceeds will fund general corporate purposes, including acquisitions; the loan has no scheduled amortization before maturity, and repaid amounts cannot be reborrowed. SOFR loans carry a margin of 1% to 1.63%, depending on the borrower’s public debt rating.
