Ingram Micro Holding (NYSE: INGM) filed a Form 8-K to report that subsidiary Ingram Micro Inc. executed Amendment No. 4 to its Term Loan Credit Agreement originally dated July 2 2021. The amendment, signed on June 17 2025, reduces the interest margin by 50 basis points. Term loans will now bear interest, at the borrower’s option, at either (i) adjusted Term SOFR + 225 bps or (ii) the base rate + 125 bps.
All other key provisions—including maturity, covenants, lender group, and administrative agent (JPMorgan Chase Bank, N.A.)—remain unchanged. Although the filing does not disclose the outstanding principal balance, the lower spread should decrease future cash interest expense and slightly improve earnings and liquidity. No new debt was incurred, and no additional material corporate actions, risk factors, or legal proceedings were disclosed.