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Avnet amended its credit agreement, increasing aggregate commitments by $1.0 billion to $2.75 billion and raising the maximum additional commitments it can request to $1.0 billion.
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 incr