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NewPower Worldwide Expands Credit Facility to $750 Million for Global Growth
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NewPower Worldwide Expands Credit Facility to $750 Million for Global Growth
NewPower Worldwide has expanded its committed credit facility to $750 million, increasing the electronic components distributor’s capacity to acquire inventory, support larger customer programs and pursue growth opportunities across the global supply chain. Citizens led the increased credit facility for the Nashua, New Hampshire-based company. Terms beyond the total facility size were not disclosed. The additional borrowing capacity comes as New…
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