Avnet Amends Credit Agreement, Increasing Total Commitments to $2.75 Billion

On October 13, 2026, Avnet amended its Third Amended and Restated Credit Agreement to increase its available capital. The amendment raises the aggregate commitments under the revolving credit facility by $1 billion, significantly enhancing the company's financial flexibility.

Key Details

• Total Commitment Increase: Aggregate commitments under the credit agreement were increased by $1,000,000,000.
• New Credit Facility Size: The total commitment amount under the amended credit agreement is now $2,750,000,000.
• Additional Terms: The amendment also increased the maximum additional commitments that can be requested to $1,000,000,000 and eliminated the SOFR credit spread adjustment to the interest rate.