{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-000014","form_type":"8-K","ticker":"ARW","cik":"0000007536","company_name":"ARROW ELECTRONICS, INC.","filed_at":"2024-01-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.869597+00:00","generated_at":"2026-06-07T05:38:23.068035+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"medium","headline":"Arrow Electronics enters $300M receivables purchase agreement with HSBC","bullets":["Arrow Electronics China and Arrow/Components Agent sold up to $300M trade receivables to HSBC under limited recourse framework.","Initial term of one year, closing occurred on December 28, 2023.","Repurchase obligations limited to certain events; no recourse for non-payment by eligible buyers absent default.","HSBC may terminate with 21 days' notice; Bank can reduce credit limits on 21 days' notice or immediately if buyer risk."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-000014","json":"https://secwatch.observer/filing/0001558370-24-000014.json","markdown":"https://secwatch.observer/filing/0001558370-24-000014.md","text":"https://secwatch.observer/filing/0001558370-24-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/7536/000155837024000014/0001558370-24-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/7536/000155837024000014/arw-20231227x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T05:38:23.068035+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e3a6168ad23be4f506956ebdb7b55fefe5882213","claim":"ARROW ELECTRONICS, INC. entered into Limited Recourse Receivables Discounting Framework Agreement with The Hongkong and Shanghai Banking Corporation Limited valued at up to USD 300 million (effective 2023-12-27).","evidence_excerpt":"On December 27, 2023, Arrow Electronics China Limited, as an original seller and sellers’ agent (“ Arrow Electronics ”), and Arrow/Components Agent Limited, as an original seller (“ Arrow Components ” and Arrow Electronics, each an “ Original Seller ” and collectively, the “ Original Sellers ”) entered into a Limited Recourse Receivables Discounting Framework Agreement (the “ Receivables Purchase Agreement ”) with The Hongkong and Shanghai Banking Corporation Limited (the “ Bank ”) to sell up to USD 300 million (or such higher amount as may be agreed from time to time) of trade receivables originated by the Original Sellers (the “ Transaction ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/7536/000155837024000014/0001558370-24-000014-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"The Hongkong and Shanghai Banking Corporation Limited"},{"label":"Value","value":"up to USD 300 million"},{"label":"Effective","value":"2023-12-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}