NORTH DARTMOUTH, Mass. -- Aerovox Inc. said it signed a $15 million revolving credit agreement with the Bank of Boston that expires May 31, 1996.

The credit line, which will finance growth, is at the prime rate and replaces a $9 million demand loan, said Ronald F. Murphy, senior vice president and treasurer of the electrical capacitor manufacturer.

Aerovox also has a term line of credit of $10 million with an equipment financing company.

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