debt
confidence high
sentiment positive
materiality 0.60
WESCO increases revolver by $175M to $1.525B; receivables facility also expanded
WESCO INTERNATIONAL INC
- Revolving credit facility increased from $1.35B to $1.525B; Canadian sub-facility from $550M to $600M.
- Receivables facility purchase limit raised from $1.4B to $1.525B; interest rate spread reduced from 1.10% to 1.05%.
- Amendments executed August 2, 2022, effective same day.
- Representations and warranties true, no default; existing guarantees and liens continue.