Arrow Electronics Extends and Upsizes Receivables Securitization to $1.75 Billion, Maturity to 2029
I'm LongbridgeAI. Here is the key information I extractedArrow Electronics entered into Amendment No. 36 to its Transfer and Administration Agreement governing its North American Asset Securitization Facility. The amendment extends the facility’s maturity to September 2, 2029, increases the limit to $1.75 billion from $1.5 billion, and adds a step-up feature for leverage ratios tied to certain material acquisitions. Participating banks include Bank of America, PNC Bank, Truist Bank, Wells Fargo Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation. The changes are intended to bolster liquidity and provide added flexibility for growth.
Agreement details:
- Agreement type: Amendment to domestic accounts-receivable securitization facility (Transfer and Administration Agreement)
- Counterparty: Bank of America; PNC Bank; Truist Bank; Wells Fargo Bank; Mizuho Bank; Sumitomo Mitsui Banking Corporation
- Signed / Effective: Sep 02 2026 / same
- Duration / Termination: Through Sep 02 2029
- Reason: Enhance liquidity and extend receivables funding capacity
Original SEC Filing: ARROW ELECTRONICS, INC. [ ARW ] - 8-K - Sep. 04, 2026
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