Avnet amends receivables facility, raising purchase limit to $700 million through 2028
Avnet and its subsidiary Avnet Receivables Corporation amended their receivables purchase agreement with Wells Fargo Bank, N.A., as agent, on July 1, 2026. The amendment raises the maximum purchase limit from $500 million to $700 million and extends the facility's termination date to July 1, 2028. The filing says other terms remain substantially the same, and it also excludes certain receivables from the agreement.
Key points
- Maximum purchase limit increased from $500 million to $700 million
- Facility termination date extended to July 1, 2028
- Certain receivables excluded from the Receivables Purchase Agreement; other terms substantially unchanged
- Amendment No. 9 filed as Exhibit 10.1
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:58 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 02, 2026.
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.