---
schema_version: "secwatch.filing_event.v1"
accession: "0000008858-25-000021"
form_type: "8-K"
ticker: "AVT"
cik: "0000008858"
company_name: "AVNET INC"
filed_at: "2025-07-03T23:59:59+00:00"
generated_at: "2026-05-18T09:33:34.224351+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000008858-25-000021
- form_type: 8-K
- ticker: AVT
- cik: 0000008858
- company_name: AVNET INC
- filed_at: 2025-07-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8858/000000885825000021/0000008858-25-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8858/000000885825000021/avt-20250701x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000008858-25-000021
- JSON: https://secwatch.observer/filing/0000008858-25-000021.json
- Plain text: https://secwatch.observer/filing/0000008858-25-000021.txt

## Key facts
- Debt Financings
  AVNET INC incurred term loan of $150,000,000 in U.S. Dollar denominated term loans and an aggregate principal amount of €100,000,000 in Euro denominated with Bank of America, N.A., as the administrative agent at (a) the 'base rate' ... plus an 'applicable rate', (b) the SOFR daily floating r.
  - Instrument: term loan
  - Principal: $150,000,000 in U.S. Dollar denominated term loans and an aggregate principal amount of €100,000,000 in Euro denominated
  - Counterparty: Bank of America, N.A., as the administrative agent
  - Rate: (a) the 'base rate' ... plus an 'applicable rate', (b) the SOFR daily floating r
  - Event: incurrence
  source text: On July 1, 2025 (the “Closing Date”), Avnet Holding Europe BV (“Avnet Europe”), as borrower, and Avnet, Inc. (“Avnet”), as guarantor, entered into a Credit Agreement (the “Credit Agreement”) with the lenders party thereto and Bank of America, N.A., as the administrative agent. On the Closing Date, Avnet Europe borrowed an aggregate principal amount of $150,000,000 in U.S. Dollar denominated term loans and an aggregate principal amount of €100,000,000 in Euro denominated term loans.
  evidence_url: https://www.sec.gov/Archives/edgar/data/8858/000000885825000021/0000008858-25-000021-index.htm

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