CHICAGO — Banc of America Securities has completed $500 million of senior credit facilities for Anixter International Inc., a distributor of communication devices.

The securities unit of Bank of America Corp. arranged a $390 million, five-year agreement and a $110 million, 364-day agreement for Anixter. The banking company said it was the sole lead arranger on the loans.

Anixter raised $200 million in June through a convertible securities offering.

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