secwatch.observer — SEC 8-K summary
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Issuer:     AVNET INC (AVT)
CIK:        0000008858
Form:       8-K
Filed at:   2026-10-15T20:23:53+00:00
Accession:  0000008858-26-000116
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Avnet raises revolving credit commitments by $1B to $2.75B, drops SOFR spread adjustment
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- Amendment No. 3, dated October 13, 2026, amends the Third Amended and Restated Credit Agreement dated January 17, 2025, with Bank of America as administrative agent.
- Aggregate commitments increase by $1,000,000,000 to a total of $2,750,000,000, with new lenders joining the facility.
- Maximum additional commitments available under Section 2.15 rises to $1,000,000,000; the new increase does not consume that accordion.
- SOFR credit spread adjustment is eliminated; pricing and maturity otherwise match existing commitments.
- Borrowers are Avnet, Inc. and Avnet Holding Europe BV; Avnet certified no Default or Event of Default after giving effect to the increase.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8858/000000885826000116/0000008858-26-000116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8858/000000885826000116/avt-20261013x8k.htm
  HTML page:      https://secwatch.observer/filing/0000008858-26-000116

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