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Avnet Secures $150M and €100M Loan Agreement

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Avnet Secures $150M and €100M Loan Agreement

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Avnet ( (AVT) ) has issued an update.

On July 1, 2025, Avnet Europe, a subsidiary of Avnet, Inc., entered into a Credit Agreement with Bank of America and other lenders, securing $150 million in U.S. Dollar loans and €100 million in Euro loans. These loans, divided into tranches, will mature between 2026 and 2028, with interest rates tied to various benchmarks. Avnet, Inc. guarantees these loans, and the agreement includes covenants that, if breached, could accelerate repayment obligations.

The most recent analyst rating on (AVT) stock is a Sell with a $45.00 price target. To see the full list of analyst forecasts on Avnet stock, see the AVT Stock Forecast page.

Spark’s Take on AVT Stock

According to Spark, TipRanks’ AI Analyst, AVT is a Neutral.

Avnet’s overall stock score reflects a balance of strengths and challenges. Strong cash flow and a solid equity position are significant positives. However, declining revenue and margin pressures, combined with overbought technical indicators, present risks. The company’s fair valuation and mixed earnings call results further contribute to the moderate score.

To see Spark’s full report on AVT stock, click here.

More about Avnet

Avnet, Inc. operates in the technology distribution industry, providing electronic components and services to a wide range of markets, including industrial, automotive, and communication sectors.

Average Trading Volume: 822,238

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.52B

Find detailed analytics on AVT stock on TipRanks’ Stock Analysis page.

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