Tiger Merger Sub Expiration go out to for Tender Gives and Consent Solicitations associated with technical

NYC, will 05, 2020 (GLOBE NEWSWIRE) — Tiger Merger Sub Co. (the “Offeror”), an affiliate of some investment funds was able by associates of Apollo worldwide Management, Inc. (as well as their consolidated subsidiaries, “Apollo”), established these days so it enjoys more stretched the Expiration Date (as defined into the Offer to buy (as described below)) the formerly launched Tender features and Consent Solicitations (each as defined below) relating to Tech Data business’s (i) 3.700% elderly Notes due 2022 (the “2022 Notes”) and (ii) 4.950percent elderly records due 2027 (the “2027 records” and, together with the 2022 Notes, the “Notes”). The conclusion time once was lengthened to May 5, 2020. Due to this additional expansion, the conclusion big date will now getting 5:00 p.m., New York City energy, on 19, 2020 (unless further stretched or prior terminated).

As formerly announced, on March 10, 2020, the Offeror founded delicate proposes to buying for finances (together, the “Tender features”) any of this outstanding Notes of each and every collection.

Regarding the the delicate Offers, the Offeror in addition began a solicitation of consents from holders of each group of records (together, the “Consent Solicitations”) to amend the Indenture, dated as of January 17, 2017, as formulated regarding the 2022 records from the international protection the 3.700per cent older mention due 2022 and also as formulated in the example of the 2027 Notes because of the worldwide protection for your 4.950percent older Note due 2027, as further revised or formulated (the “Indenture”).

The delicate grants and Consent Solicitations include at the mercy of the stipulations established within the give buying and permission Solicitation report dated March 10, 2020, relevant thereto (the “offering to Purchase”). 2022 records validly tendered with consents following beginning sensitive day (as identified during the Offer to get) and prior to the termination big date will meet the requirements to receive the appropriate delicate factor (since described in the give buying). 2027 Notes validly tendered following the beginning Tender go out and before the termination big date only meet the requirements for the applicable sensitive Consideration (because defined inside provide purchasing). As contemplated by Offer to shop for, the Offeror no longer is acknowledging consents with tenders of 2027 records therefore holders of 2027 records are not any lengthier expected to create consents with tenders of 2027 Notes. Any records previously tendered or tendered at another opportunity might no much longer getting validly taken (except as required by-law).

At the time of 5:00 p.m., nyc energy, on 5, 2020, the prior Expiration time, the Offeror happens to be instructed by Global Bondholder Services business, the tender representative and information broker when it comes down to sensitive grants and Consent Solicitations, that Notes are validly tendered rather than taken pertaining to (i) $433,346,000 aggregate main quantity of the 2022 records, symbolizing around 86.67% regarding the exceptional 2022 Notes, and (ii) $368,823,000 aggregate primary amount of the 2027 records, representing around 73.76percent of the exceptional 2027 Notes.

The sensitive Gives and Consent Solicitations are increasingly being executed regarding the the previously established merger agreement pursuant to which, on top of other things, Tiger Midco, LLC, the moms and dad of Offeror, has actually approved obtain technology Data company (the “Merger”). The Offeror’s responsibility to just accept and pay for the records tendered in each sensitive give are trained upon the considerably concurrent finishing in the Merger and the fulfillment or waiver of certain various other circumstances precedent.

This announcement doesn’t represent an offer to market any securities and/or solicitation of a deal to get any securities. The Tender provides and Consent Solicitations are now being made just pursuant for the present to find. The sensitive Offers and Consent Solicitations are not being enabled to holders of records in virtually any legislation in which the generating or acceptance thereof wouldn’t be in compliance using the securities, blue-sky and other guidelines of such legislation. In every jurisdiction wherein the securities statutes or blue sky guidelines call for the delicate grants and Consent Solicitations is from an authorized specialist or supplier, the sensitive has and Consent Solicitations are going to be considered is produced on the part of the Offeror by one or more subscribed brokers or dealers which are accredited under the guidelines of such jurisdiction.

Credit score rating Suisse Securities (American) LLC, Mizuho Securities USA LLC and RBC money opportunities, LLC are acting as dealer managers and solicitation agents for all the sensitive features and Consent Solicitations. Worldwide Bondholder providers company is actually becoming the sensitive representative and suggestions broker for any sensitive Offers and permission Solicitations.

Needs for paperwork can be guided to Global Bondholder service organization at (212) 430-3774 (for brokers and banking companies) or (866) 807-2200 (for every other individuals).

Questions or requests for assistance are guided to credit score rating Suisse Securities (USA) LLC at (212) 538-1862, Mizuho Securities United States Of America LLC at (212) 205-7736 or RBC Capital industries, LLC at (212) 618-7843.

About Apollo

Apollo is a prominent worldwide approach investment management with workplaces in ny, l . a ., hillcrest, Houston, Bethesda, London, Frankfurt, Madrid, Luxembourg, Mumbai, Delhi, Singapore, Hong Kong, Shanghai and Tokyo. Apollo had assets under handling of roughly $316 billion at the time of March 31, 2020 in credit, private equity and real assets resources invested across a core number of nine industries in which Apollo provides significant understanding and sources. To learn more about Apollo, please go to www.apollo.com.

Forward-Looking Comments

This news release consists of forward-looking comments inside the concept of applicable federal securities statutes. The forward-looking comments feature, without constraint, comments regarding the delicate features and Consent Solicitations. Forward-looking statements involve threats and uncertainties, including however limited by financial, aggressive, and technical issues outside of the Offeror’s or technology Data company’s control that could trigger real brings about differ materially from the forward-looking comments. You shouldn’t destination undue dependence on forward-looking comments as a prediction of actual information. The Offeror expressly disclaims any responsibility or task to discharge publicly any updates or changes to virtually any forward-looking comments to reflect any improvement in objectives or happenings, conditions or conditions upon which any such statements were built.

Apollo Contacts:For buyer queries concerning Apollo, be sure to communications: