Arrow Electronics Amends Securitization Facility; Increases to $1.75B

What Happened Arrow Electronics, Inc. announced on September 2, 2026 that it entered into Amendment No. 36 to its Transfer and Administration Agreement governing the North American Asset Securitization Facility. The amendment extends the facility maturity, increases the facility limit, adds a temporary step-up for permitted leverage in certain acquisitions, and modifies related definitions and conditions. The full amendment is filed as Exhibit 10.1 to the 8‑K.

Key Details

• Amendment date: September 2, 2026.
• Maturity extended from September 10, 2027 to September 2, 2029.
• Facility limit increased from $1.5 billion to $1.75 billion.
• Adds a step-up provision that temporarily raises the maximum permitted leverage ratio for certain material acquisitions.
• Participating banks include Bank of America, PNC, Truist, Wells Fargo, Mizuho and Sumitomo Mitsui.
• The 8‑K also references Item 2.03 (Creation of a Direct Financial Obligation) and files the amendment as Exhibit 10.1.

Why It Matters This amendment increases Arrow’s available receivables financing and extends its funding runway by roughly two years, which can reduce near‑term refinancing pressure. The higher capacity and the temporary leverage step‑up provide more flexibility to support working capital needs and certain acquisitions without immediately breaching leverage limits. Investors should review the filed amendment (Exhibit 10.1) to understand any changes to covenants, conditions or potential impacts on Arrow’s debt profile and liquidity.