Arrow Electronics expands revolver to $1.8 billion, extends to 2021

By Wendy Van Sickle

Columbus, Ohio, Dec. 23 – Arrow Electronics, Inc. amended its revolving credit facility, extending its maturity to December 2021 and increasing its capacity to $1.8 billion, according to a Friday press release.

The credit facility previously was set to mature in December 2018 and totaled $1.5 billion.

“When combined with our strong cash flows and balance sheet, the credit facility enhances our financial flexibility to continue to drive strategic growth,” Chris Stansbury, Arrow senior vice president and chief financial officer, said in the release.

Based in Englewood, Colo., Arrow provides products and services to industrial and commercial users of electronic components and enterprise computing.

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