secwatch.observer — SEC 8-K summary
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Issuer:     AVNET INC (AVT)
CIK:        0000008858
Form:       8-K
Filed at:   2025-01-22T23:59:59+00:00
Accession:  0000008858-25-000002
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avnet enters $1.5B credit facility maturing 2030, replacing 2022 agreement
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- New $1.5B senior unsecured revolving facility matures Jan 17, 2030; option to increase by $250M.
- Facility replaces Second Amended Credit Agreement dated Aug 2, 2022; Avnet Europe is borrower, Avnet guarantees.
- Interest rate based on debt ratings; SOFR, base rate options; sublimits for letters of credit and swingline loans.
- Lenders include Bank of America, BNP Paribas, JPMorgan, MUFG, Scotiabank, Truist as co-syndication agents.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8858/000000885825000002/0000008858-25-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8858/000000885825000002/avt-20250117x8k.htm
  HTML page:      https://secwatch.observer/filing/0000008858-25-000002

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