---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-107076"
form_type: "8-K"
ticker: "AVT"
cik: "0000008858"
company_name: "AVNET INC"
filed_at: "2021-08-18T23:59:59+00:00"
generated_at: "2026-06-29T09:24:34.064156+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Avnet extends receivables securitization to Aug 2023, cuts borrowing spread by 30 bps

## Summary
- Extended term of trade receivables securitization program to August 31, 2023 from prior expiry of August 31, 2021.
- Reduced applicable spread on borrowings from 1.05% to 0.75%, a decrease of 30 basis points.
- Lowered unused fee rate from a range of 0.30%-0.40% to 0.25%-0.35%, depending on outstanding amounts.
- Amendment involves Avnet Receivables Corp., Avnet Inc., and Wells Fargo Bank as agent.

## SEC filing metadata
- accession: 0001104659-21-107076
- form_type: 8-K
- ticker: AVT
- cik: 0000008858
- company_name: AVNET INC
- filed_at: 2021-08-18T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8858/000110465921107076/0001104659-21-107076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8858/000110465921107076/tm2125327d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-107076
- JSON: https://secwatch.observer/filing/0001104659-21-107076.json
- Plain text: https://secwatch.observer/filing/0001104659-21-107076.txt

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