secwatch.observer — SEC 8-K summary
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Issuer:     AVNET INC (AVT)
CIK:        0000008858
Form:       8-K
Filed at:   2022-12-21T23:59:59+00:00
Accession:  0001104659-22-128735
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avnet increases receivables purchase facility limit from $450M to $650M, extends to Dec 2024
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- Maximum purchase limit increased from $450 million to $650 million.
- Termination date extended to December 16, 2024.
- Daily Term SOFR-based benchmark interest rate implemented.
- Eligibility criteria for receivables amended.
- Other terms of the agreement remain substantially unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8858/000110465922128735/0001104659-22-128735-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8858/000110465922128735/tm2233169d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-128735

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