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Prospect News home > News index > List of issuers A > Headlines for Avnet, Inc. > News item
Published on 5/4/2021 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Avnet to redeem $300 million 3.75% notes due 2021 via new notes

By Marisa Wong

Los Angeles, May 4 – Avnet Inc. plans to redeem its $300 million of outstanding 3.75% notes due Dec. 1, 2021 using proceeds from an offering of new notes, according to a 424B2 filing with the Securities and Exchange Commission.

Remaining proceeds from the new issue will be used for general corporate purposes.

Avnet is a product development, marketing and supply chain technology company based in Phoenix.


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