Avnet reduces receivables facility from $700M to $500M, extends to Dec 2026

AVNET INC

Maximum purchase limit decreased from $700M to $500M; termination date extended to December 6, 2026.
Banco Santander joins with $75M commitment; total commitments: Wells Fargo $150M, BofA $100M, Truist $100M, BNS $76.5M, Santander $75M.
Capital reallocation among existing purchasers; certain receivables excluded from the facility.
Other terms remain substantially unchanged; the amendment is effective December 6, 2024.

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