secwatch.observer — SEC 8-K summary
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Issuer:     WESCO INTERNATIONAL INC (WCC)
CIK:        0000929008
Form:       8-K
Filed at:   2022-03-02T23:59:59+00:00
Accession:  0001193125-22-063077
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WESCO amends credit facilities: revolver raised to $1.35B, receivables to $1.4B, maturities extended
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- Revolving commitments increased from $1.2B to $1.35B; maturity extended to March 1, 2027.
- Receivables facility purchase limit increased from $1.3B to $1.4B; maturity extended to March 1, 2025.
- Interest rate benchmark transitions from LIBOR to SOFR; receivables spread reduced from 1.15% to 1.10%.
- Capacity to request future revolver increases raised from $400M to $650M; Canadian sub-facility increased to $550M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/929008/000119312522063077/0001193125-22-063077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/929008/000119312522063077/d687836d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-063077

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer