Arrow Electronics amends credit agreement to $2 billion facility maturing June 2030
Arrow Electronics and certain subsidiaries entered into a Fifth Amended and Restated Credit Agreement on June 27, 2025, with JPMorgan Chase Bank, N.A. as administrative agent. The agreement provides up to $2 billion in revolving credit and letters of credit and extends the maturity date to June 27, 2030. For shareholders, this refinances and extends the company's existing credit facility, a routine but material financing arrangement that also adds a temporary leverage ratio step-up tied to certain material acquisitions.
Key points
- Total extensions of credit up to $2 billion, consisting of revolving credit facilities and letters of credit
- Maturity date extended to June 27, 2030, replacing the credit facility dated September 9, 2021
- Applicable margin ranges from 0.000% to 1.633%, based on senior unsecured debt ratings
- Agreement includes a temporary step-up in maximum permitted leverage ratio for certain material acquisitions
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 27, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.