Arrow Electronics Sr Unsecd Debt Rated `A' by S&P - S&P Global Ratings’ Credit Research

Arrow Electronics Sr Unsecd Debt Rated `A' by S&P

Arrow Electronics Sr Unsecd Debt Rated `A' by S&P - S&P Global Ratings’ Credit Research
Arrow Electronics Sr Unsecd Debt Rated `A' by S&P
Published Jan 15, 1997
Published Jan 15, 1997
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Abstract:

NY -- Standard&Poor's CreditWire 1/15/97 -- Standard&Poor's today has assigned its single-`A' rating to Arrow Electronics, Inc.'s $200 million senior unsecured notes due 2007 and $200 million senior unsecured debentures due 2027. The corporate credit rating is also single-`A'. The ratings reflect the company's leading market position as a global electronics distributor and its strong financial profile. Melville, N.Y.-based Arrow has consolidated its position as the world's largest electronic components and computer products distributor with the recent agreement to acquire the volume electronic component distribution business of Premier Farnell plc for approximately $300 million. Effective cost management and economies of scale gained through successful integration of acquisitions have enabled Arrow to offset gross profit margin pressures

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Technology Distributors (45203030)
Sector
Global Issuers , Structured Finance
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Arrow Electronics Sr Unsecd Debt Rated `A' by S&P" Jan 15, 1997. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Arrow-Electronics-Sr-Unsecd-Debt-Rated-A-by-S-P-79220>
  
APA:
S&P Global Ratings’ Credit Research. (). Arrow Electronics Sr Unsecd Debt Rated `A' by S&P Jan 15, 1997. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Arrow-Electronics-Sr-Unsecd-Debt-Rated-A-by-S-P-79220>
  
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