Avnet signs $150 million U.S. dollar and €100 million euro term loan credit agreement
On July 1, 2025, Avnet Holding Europe BV, as borrower, and Avnet, as guarantor, entered into a credit agreement and borrowed $150 million in U.S. dollar term loans and €100 million in euro term loans. The loans mature in tranches between June 30, 2026 and June 30, 2028, and Avnet guarantees the borrower's obligations, so the debt adds to the company's financial commitments.
Key points
- Borrowings on July 1, 2025: $150 million in U.S. dollar term loans and €100 million in euro term loans
- Loans mature in tranches on June 30, 2026, June 30, 2027 and June 30, 2028
- Avnet, Inc. guarantees the obligations; covenant breaches or other events of default could accelerate repayment
- Interest is tied to base rate, SOFR or EURIBOR plus an applicable rate, and may rise 2.00% per annum in certain circumstances
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 03, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.