BofA Agents $1B Tech Data Facility to Support Avnet Buy

Tech Data entered into a $1 billion amended revolving credit agreement with Bank of America as administrative agent to support its acquisition of Avnet.

BofA Agents Avnet $1.25B Credit Facility

Avnet entered into a new credit facility, increases its borrowing capacity to $1.25 billion. Bank of America will continue to act as administrative agent, swing line lender and letter of credit issuer.