AVNET INC <AVT> FILES FOR DEBENTURE OFFERING
Anvet Inc said it filed with the
Securities and Exchange Commission a registration statement for
a proposed public offering of 150 mln dlrs of convertible
subordinated debentures due 2012.
    Avnet said it will use the net proceeds for general working
capital purposes and the anticipated domestic and foreign
expansion of its distribution, assembly and manufacturing
businesses.
    The company said an investment banking group managed by
Dillon Read and Co Inc will handle the offering.
 Reuter
