Anixter has boosted its existing credit facility worth $350 million. The subsidiary of global communications and security products supplier, Anixter International, has increased the size of its loan to $400 million. It has also extended the maturity date of its credit agreement to April 2016. As a part of the changes, Anixter will be allowed to prepay, purchase or redeem indebtedness of its parent.

Click here for the release from PR Newswire.