Northwest Briefs.(Business)

0 Comments | Daily Herald (Arlington Heights, IL), October, 2000

Anixter receives new credit line SKOKIE - Banc of America Securities said it has completed $500 million in a senior credit line for Anixter International Inc. The new revolving credit agreement consists of a $390 million, five- year agreement, and a $110 million, 364-day agreement. Banc of America Securities acted as sole lead arranger in the transactions.

Given the "very strong" revenue growth the company has seen in the past few quarters, it is important for Anixter to secure the capital resources it needs to support continued growth, said Robert W. Grubbs, Anixter president. United adds Amsterdam flight ELK GROVE TOWNSHIP - United Airlines said it will begin daily nonstop service between Chicago and Amsterdam, Holland, Feb. 15, due to growing demand by...