0000790703-17-000055.txt : 20171026 0000790703-17-000055.hdr.sgml : 20171026 20171026163720 ACCESSION NUMBER: 0000790703-17-000055 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20171025 ITEM INFORMATION: Termination of a Material Definitive Agreement FILED AS OF DATE: 20171026 DATE AS OF CHANGE: 20171026 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TECH DATA CORP CENTRAL INDEX KEY: 0000790703 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-COMPUTER & PERIPHERAL EQUIPMENT & SOFTWARE [5045] IRS NUMBER: 591578329 STATE OF INCORPORATION: FL FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-14625 FILM NUMBER: 171156743 BUSINESS ADDRESS: STREET 1: 5350 TECH DATA DR CITY: CLEARWATER STATE: FL ZIP: 33760 BUSINESS PHONE: 7275397429 MAIL ADDRESS: STREET 1: 5350 TECH DATA DRIVE CITY: CLEARWATER STATE: FL ZIP: 33760 8-K 1 a8-kterminationofsynthetic.htm TERMINATION OF SYNTHETIC LEASE Document


 
 
 
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
 
 
 
 
FORM 8-K
 
 
 
 
 


CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report: October 25, 2017
(Date of earliest event reported)
 
 
 
 
 


TECH DATA CORPORATION
(Exact name of registrant as specified in its charter)
 
 
 
 
 
 
 
 
Florida
0-14625
59-1578329
(State of Incorporation)
(Commission File Number)
(IRS employer Identification No.)

5350 Tech Data Drive
Clearwater, Florida, 33760
(Address of principal executive offices)

727-539-7429
(Registrant’s telephone number)
 
 
 
 
 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 
 
 
 






Item 1.02.
Termination of a Material Definitive Agreement.
On October 25, 2017, Tech Data Corporation (the "Company”) terminated all agreements relating to its synthetic lease arrangement with SunTrust Bank, as lessor, and SunTrust Equity Funding, LLC, as agent, including the fourth amended and restated participation agreement and fourth amended and restated lease agreement (collectively, as amended and along with related transaction documents and agreements, the “Synthetic Lease”) under which the Company leased certain logistics centers and office facilities.  Pursuant to a termination agreement, the Company terminated the Synthetic Lease and purchased the real property that was subject to the Synthetic Lease for $156.2 million, which amount was determined by the Synthetic Lease.  The properties acquired as a result of the termination of the Synthetic Lease are located in Clearwater and Miami, Florida; Fort Worth, Texas; Fontana, California; Suwanee, Georgia; Swedesboro, New Jersey; and South Bend, Indiana.







SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 
Tech Data Corporation
 
 
(Registrant)
 
 
 
 
Date: October 26, 2017
/s/ Charles V. Dannewitz
 
 
Charles V. Dannewitz
 
 
Executive Vice President,
 
 
Chief Financial Officer