All American Semiconductor Inc, Miami, Florida-based US-wide distributor of electronic components, has succeeded in refinancing its senior debt to increase its available long-term borrowings to $15m from $13m, and has drawn down $12.3m of the totalavailable. The new loan facility cut its senior debt interest rates to 0.75% from 1.5% over prime, relaxes the availability requirements as well as extending long-term debt due in 1993 to May 1995.