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SYNNEX Corporation Successfully Enters into $5.0 Billion Credit Facility


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FREMONT, Calif., April 19, 2021 /PRNewswire/  SYNNEX Corporation (NYSE: SNX), a leading provider of distribution, systems design and integration services for the technology industry, announced today that it has entered into a new $5.0 billion credit facility consisting of a $1.5 billion term loan and a $3.5 billion revolving credit facility with 29 leading financial institutions.  This new credit facility replaces $5.0 billion out of the $7.5 billion of bridge commitments provided under the previously disclosed debt commitment letter entered into by SYNNEX in connection with its proposed merger with Tech Data.  The remaining $2.5 billion of bridge commitments were also successfully syndicated to a number of financial institutions. The closing and initial funding under these facilities is subject to customary funding conditions, including the consummation of the previously announced merger with Tech Data.  As previously disclosed, ....

United States , Marshall Witt , Sumitomo Mitsui Banking Corporation , National Association , Bank Ltd , Wells Fargo Bank , Bank United States , Securities Exchange , Citigroup Global Markets Inc , Tech Data , Global Markets , Nova Scotia , South America , Securities Act , Securities Exchange Act , ஒன்றுபட்டது மாநிலங்களில் , மார்ஷல் விட் , ஸூமிடோமொ மிட்ஸ்யூயீ வங்கி நிறுவனம் , தேசிய சங்கம் , வங்கி லிமிடெட் , கிணறுகள் ஃபார்கோ வங்கி , வங்கி ஒன்றுபட்டது மாநிலங்களில் , பத்திரங்கள் பரிமாற்றம் , சிட்டி குழுமம் உலகளாவிய சந்தைகள் இன்க் , தொழில்நுட்பம் தகவல்கள் , உலகளாவிய சந்தைகள் ,