Ingram Micro Holding Corporation
06/20/2025 | Press release | Distributed by Public on 06/20/2025 14:07
Material Event (Form 8-K)
Item 8.01. Other Events.
Amendment to Term Loan Credit Agreement
On June 17, 2025, Ingram Micro Inc., a wholly owned subsidiary of Ingram Micro Holding Corporation (the "Registrant") entered into Amendment No. 4 to Term Loan Credit Agreement, which amended the Term Loan Credit Agreement dated as of July 2, 2021 (as amended on June 23, 2023, September 27, 2023, and September 20, 2024, the "Term Loan Credit Agreement"), by and among, inter alios, Ingram Micro Inc., as borrower (the "Borrower"), the lenders from time to time party thereto, and JPMorgan Chase Bank, N.A., as administrative agent, to reduce the interest rate by 50 basis points so that term loans will bear interest, at the Borrower's option, at a rate based on (i) adjusted Term SOFR plus an applicable margin of 225 bps, or (ii) the base rate plus an applicable margin of 125 bps, in each case. There were no other material changes to the Term Loan Credit Agreement.
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