5.650% Notes due 2031
Note · Avnet, Inc.
Reference: 5.650% Notes due 2031
- Original principal
- USD 550,000,000
- Outstanding
- —
- Commitment
- —
- Availability
- —
- Maturity
- —
Last reported interest terms: 5.65% Reported 2026-08-21 Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
Documents and filing history
- Issuance · 8-K · 2026-08-21 — FORM 8-K
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Issuance
· 2026-08-19
Original principal USD 550,000,000 Exact source document
Parent 8-K filing · 2026-08-21
On August 19, 2026, Avnet, Inc. (“Avnet” or the “Company”) priced a public offering of $550 million in aggregate principal amount of 5.650% Notes due 2031 (the “Notes”). Avnet expects to use the net proceeds from the offering to repay amounts owed under the Company’s senior unsecured revolving credit facility and the Company’s accounts receivable securitization program.
Issuer evidence: On August 19, 2026, Avnet, Inc. (“Avnet” or the “Company”) priced a public offering of $550 million in aggregate principal amount of 5.650% Notes due 2031 (the “Notes”). Avnet expects to use the net proceeds from the offering to repay amounts owed under the Company’s senior unsecured revolving credit facility and the Company’s accounts receivable securitization program.
Supporting evidence: The offering was made pursuant to an Underwriting Agreement, dated August 19, 2026, by and among the Company and the representatives of the several underwriters listed therein, in an offering registered on a Registration Statement on Form S-3 (File No. 333-298324), which was filed with the Securities and Exchange Commission on August 14, 2026. The Notes are being issued pursuant to an Indenture, dated as of June 22, 2010, by and between the Company and Computershare Trust Company, National Association, as successor to Wells Fargo Bank, National Association, as trustee, and an Officers’ Certificate (which includes the form of Note as an exhibit) setting forth the terms of the Notes (the “Officers’ Certificate”). Copies of the Underwriting Agreement and the form of Officers’ Certificate are filed herewith as Exhibit 1.1 and Exhibit 4.1 respectively, and are incorporated herein by reference. The Notes will accrue interest from the date of their issuance at a rate of 5.650%. The Notes will rank equally with all of the Company’s other existing and future unsecured obligations. The offering of the Notes is expected to close on August 24, 2026.
Supporting evidence: On August 19, 2026, Avnet, Inc. (“Avnet” or the “Company”) priced a public offering of $550 million in aggregate principal amount of 5.650% Notes due 2031 (the “Notes”). Avnet expects to use the net proceeds from the offering to repay amounts owed under the Company’s senior unsecured revolving credit facility and the Company’s accounts receivable securitization program.