Graybar, a leading distributor of electrical, industrial, automation and connectivity products and provider of related supply chain management and logistics services, announced today that it has completed the amendment and extension of its revolving credit facility.
David Meyer, Senior Vice President and Chief Financial Officer said, "This financing agreement provides Graybar with additional flexibility to pursue our ongoing business transformation and long-term growth strategies."
Bank of America, N.A. was the lead institution and BofA Securities, Inc. was the sole bookrunner.
Graybar, a Fortune 500 corporation and one of the largest employee-owned companies in North America, is a leader in the distribution of high quality electrical, industrial, automation and connectivity products.

Source prnewswire