Avnet

(AVT) - Get Report

, a distributor of computer products, said Tuesday that it completed its public offering of $300 million of notes.

The notes bear interest of 6.625% and are due 2016. The joint book-running managers for the offering were Banc of America Securities and J.P. Morgan Securities.

The company's stock was trading at $19.36, up 53 cents, or 2.8%.

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