fwp
 

Filed pursuant to Rule 433
Registration Statement No. 333-107474
Final Term Sheet
March 2, 2007
AVNET, INC.
$300,000,000 5.875 % Notes due 2014
     
Issuer:
  Avnet, Inc.
 
   
Title of Securities:
  5.875% Notes due 2014
 
   
Security Type:
  Senior Unsecured Note
 
   
Ratings:
  Ba1 / BBB- (Positive / Stable)
 
   
Trade Date:
  March 2, 2007
 
   
Settlement Date (T+3)
  March 7, 2007
 
   
Maturity Date:
  March 15, 2014
 
   
Aggregate Principal Amount Offered:
  $300,000,000
 
   
Price to Public (Issue Price):
  $299,484,000 total (99.828% per Note)
 
   
Net Proceeds to Issuer:
  $297,084,000
 
   
Coupon:
  5.875%
 
   
Yield to Maturity:
  5.905%
 
   
Benchmark Treasury:
  UST 4.000% 02/15/2014
 
   
Benchmark Treasury Yield:
  4.505%
 
   
Spread to Benchmark Treasury
  +140 bps
 
   
Interest Rate:
  5.875% per annum
 
   
Interest Payment Dates:
  Semi-annually on each September 15
 
  and March 15, commencing September 15, 2007
 
   
Optional Redemption — Reinvestment Rate:
  0.25%
 
   
Joint Book-running Managers:
  Banc of America Securities LLC
 
  Credit Suisse Securities (USA) LLC
 
   
Senior Co-Managers:
  ABN AMRO Incorporated
 
  BNP Paribas Securities Corp.
 
  Scotia Capital (USA) Inc.
 
   
Co-Managers:
  Calyon Securities (USA) Inc.
 
  Fortis Securities LLC
 
  Mizuho International plc
 
  Wachovia Securities LLC
 
   
CUSIP:
  053807AP8
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents that the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by (i) calling or emailing Banc of America Securities LLC toll-free at 1-(800) 294-1322 or dg.prospectus_distribution@bofasecurities.com or (ii) calling Credit Suisse Securities (USA) LLC toll free at 1-(800) 221-1037..