TD SYNNEX Amends Receivables Program; Extends Maturity, Raises Facility to $3B

What Happened
TD SYNNEX Corporation filed an 8-K disclosing that on September 25, 2026 it entered into an Eighth Omnibus Amendment to its receivables funding and sale agreements (RFA and SSA). The amendment extends the maturity of the company’s accounts receivable securitization (the Trade Receivables Securitization) to September 25, 2028, increases the aggregate lender commitment and adjusts the effective borrowing cost and fees. SIT Funding LLC is the borrower under the facility and The Toronto-Dominion Bank serves as administrative agent.

Key Details

• Amendment date: September 25, 2026; 8-K filed September 30, 2026.
• Aggregate lender commitment increased to $3,000,000,000.
• Maturity extended to September 25, 2028.
• Program fee (on the used portion of lenders’ commitments) set at 0.725% p.a. for advances funded via commercial paper and 0.825% p.a. for advances funded otherwise; lenders also received an upfront fee in connection with the amendment.

Why It Matters
This amendment preserves and increases TD SYNNEX’s committed short-term financing capacity and extends the period the company can access receivables-backed liquidity through 2028. For investors, the change affects the company’s available working capital and financing cost profile: the higher commitment increases liquidity headroom, while the revised program fees and upfront fee alter the effective cost of borrowing under the facility. The filing does not report any direct impact on reported earnings or revenue in this notice.