Avnet Europe borrows $150M and €100M in term loans under new credit agreement

AVNET INC

Avnet Europe entered $150M USD and €100M EUR term loan facilities on July 1, 2025.
Loans mature in three tranches: 2026 ($50M + €35M), 2027 ($50M + €35M), 2028 ($50M + €30M).
Interest rates are variable based on SOFR/EURIBOR plus spread tied to Avnet's senior unsecured debt rating.

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