AVNET INC (AVT): Entry into a Material Definitive Agreement
AVNET INC (AVT) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.1 2 avt-20260701xex10d1.htm EX-10.1 Exhibit 10.1 AMENDMENT NO. 9 TO FOURTH AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT This Amendment No. 9 to the Fourth Amended and Restated Receivables Purchase Agreement (this “ Amendment ”) is dated as of July 1, 2026, among Avne
How this was made
The 30-second read
Why it matters
The amendment becomes effective upon conditions precedent (executed counterparts, fee letter payments, favorable opinions, and representations that no amortization event is occurring). It also includes reallocation of purchaser interests and authorizes UCC financing statement amendments.
Market read
This is a primary-source update on Avnet’s receivables financing obligations; it may influence near-term liquidity/credit-risk perception depending on the amendment’s economic terms.
What to watch
Traders should verify whether the amendment changes purchase limits, fees, or triggers (e.g., amortization events) in the full exhibit; those details would materially affect credit/liquidity risk pricing.
Background
The 8-K reports Avnet’s entry into a material definitive agreement amendment (Amendment No. 9) to its Fourth Amended and Restated Receivables Purchase Agreement, dated July 1, 2026.
Ticker impact
Avnet disclosed an 8-K entry into Amendment No. 9 to its receivables purchase agreement, creating/adjusting direct financial obligations.
Near-term price reaction is likely limited unless the amendment changes economics (fees, purchase limit, or triggers) beyond what’s shown here.
This is a primary SEC 8-K disclosure about a material definitive agreement amendment; however, the excerpt does not provide the specific economic terms (rates/fees/size) that would drive a larger repricing.
Market effects
Receivables purchase agreement amendments are common in distribution/IT supply chains; could marginally inform peers’ working-capital financing risk appetite.
No clear regional transmission beyond US-listed credit/funding sentiment.
Limited—primarily company-specific funding/obligation documentation.
Counterpoint
Because the excerpt lacks the amendment’s economic details, the market may treat this as routine documentation rather than a meaningful change in leverage or cost of capital.
Key entities
- issuerAvnet, Inc.
Subject of the 8-K; party to the receivables purchase agreement amendment and originator/servicer roles described in the exhibit.
- subsidiaryAvnet Receivables Corporation
Seller/Buyer entity referenced in the receivables purchase agreement amendment.
- agent/financial institutionWells Fargo Bank, N.A.
Agent for the purchasers under the receivables purchase agreement.
