---
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"
generated_at: "2026-06-07T05:38:23.068035+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "medium"
source: SEC EDGAR
---

# Arrow Electronics enters $300M receivables purchase agreement with HSBC

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: medium
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-000014
- JSON: https://secwatch.observer/filing/0001558370-24-000014.json
- Plain text: https://secwatch.observer/filing/0001558370-24-000014.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Counterparty: The Hongkong and Shanghai Banking Corporation Limited
  - Value: up to USD 300 million
  - Effective: 2023-12-27
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/7536/000155837024000014/0001558370-24-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.