Tech Data extends lender waivers to allow more time to file financials

By Susanna Moon

Chicago, July 30 - Tech Data Corp. extended waivers with its lenders to allow more time to file financial statements.

The company amended its limited waiver, effective July 29, with Bank of Nova Scotia through its New York agency and JPMorgan Chase Bank, NA as class agents and class investors, and Bank of America, NA as a class investor and administrative agent, according to an 8-K filing with the Securities and Exchange Commission.

The company entered into a waiver agreement and first amendments to limited waivers for outstanding debt in connection with the company's pending restatement of some previously issued quarterly and audited financial statements.

Tech Data is a technology products distribution company based in Clearwater, Fla.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.