debt
confidence high
sentiment neutral
materiality 0.20
Avnet extends trade receivables securitization program to August 31, 2021
AVNET INC
- Entered Amendment No. 3 to extend the securitization program's expiration from July 30, 2021 to August 31, 2021.
- Other provisions of the program remain unchanged; company expects renewal on substantially similar terms.
- Amendment involves Avnet Receivables Corporation (ARC) and Wells Fargo Bank as agent.