debt
confidence high
sentiment neutral
materiality 0.50
Avnet prices $300M of 5.500% notes due 2032; proceeds to redeem $350M 4.875% notes due Dec 2022
AVNET INC
- $300M aggregate principal of 5.500% Notes due 2032 priced May 12, 2022.
- Net proceeds plus cash to redeem $350M of 4.875% notes due Dec 1, 2022.
- Notes rank equally with existing unsecured obligations; expected close May 23, 2022.