---
schema_version: "secwatch.filing_event.v1"
accession: "0000008858-24-000046"
form_type: "8-K"
ticker: "AVT"
cik: "0000008858"
company_name: "AVNET INC"
filed_at: "2024-12-12T23:59:59+00:00"
generated_at: "2026-05-29T04:31:30.674452+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000008858-24-000046
- form_type: 8-K
- ticker: AVT
- cik: 0000008858
- company_name: AVNET INC
- filed_at: 2024-12-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8858/000000885824000046/0000008858-24-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8858/000000885824000046/avt-20241206x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000008858-24-000046
- JSON: https://secwatch.observer/filing/0000008858-24-000046.json
- Plain text: https://secwatch.observer/filing/0000008858-24-000046.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.