secwatch.observer — SEC 8-K summary
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Issuer:     WESCO INTERNATIONAL INC (WCC)
CIK:        0000929008
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001193125-24-046635
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WESCO upsizes and prices $1.75B senior notes offering; to redeem 2025 notes
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- Priced $900M 6.375% notes due 2029 and $850M 6.625% notes due 2032.
- Upsized from initial $750M each for total $1.5B to $1.75B.
- Net proceeds ~$1.7284B to redeem all outstanding 7.125% notes due 2025.
- Temporary use to repay receivables facility and ABL, then redraw for redemption.
- Notes unsecured, unsubordinated; guaranteed by WESCO and Anixter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/929008/000119312524046635/0001193125-24-046635-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/929008/000119312524046635/d947344d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-046635

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