Arrow Electronics Extends and Upsizes Receivables Securitization to $1.75 Billion, Maturity to 2029
TradingView·- Arrow Electronics amended its North American Asset Securitization Facility with major participating banks to extend its maturity and increase its funding limit. - The facility's maturity was extended to September 2, 2029, while the funding limit was increased from $1.5 billion to $1.75 billion. - This agreement aims to bolster liquidity, enhance receivables funding capacity, and provide financial flexibility for future growth.