Avnet increases credit facility by $1 billion to $2.75 billion
Bitget2026/10/15 20:25- Avnet increased credit commitments by $1 billion to $2.75 billion under an amendment signed October 13, 2026.
- Avnet Holding Europe also signed the amendment to the Third Amended and Restated Credit Agreement dated January 17, 2025.
- Bank of America serves as administrative agent under the agreement.
- The amendment increased the maximum additional commitments the company can request to $1 billion.
- It also eliminated the SOFR credit spread adjustment to the interest rate; other terms remain substantially unchanged.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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