Arrow Electronics increases credit facility to USD 2bn

Arrow Electronics, Inc. (NYSE:ARW) has announced that the company has amended its revolving credit facility, extending its maturity to December 2023 and its capacity to USD 2 billion, the company said.

The credit facility previously matured in December 2021 and totaled USD 1.8 billion.

Arrow Electronics guides innovation forward for over 150,000 of the world´s manufacturers of technology used in homes, business and daily life. With 2017 sales of USD 26.6 billion, Arrow aggregates electronics and enterprise computing solutions for customers and suppliers in industrial and commercial markets. The company maintains a network of more than 345 locations serving over 80 countries. Learn more at FiveYearsOut.com.