secwatch.observer — SEC 8-K summary
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Issuer:     WESCO INTERNATIONAL INC (WCC)
CIK:        0000929008
Form:       8-K
Filed at:   2024-03-08T23:59:59+00:00
Accession:  0001193125-24-063782
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WESCO issues $900M 6.375% 2029 and $850M 6.625% 2032 senior notes
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- Net proceeds of $1.7284B; used to redeem all 7.125% notes due 2025 and for general corporate purposes.
- Receivables facility amended: purchase limit reduced to $1.55B (from $1.625B), termination extended to March 1, 2027.
- Notes are unsecured, unsubordinated, guaranteed by WESCO and Anixter Inc.
- Issuer may redeem notes early with make-whole premium; certain change-of-control triggers repurchase at 101%.
- 5-Year notes mature March 15, 2029; 8-Year notes mature March 15, 2032; interest payable semi-annually.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/929008/000119312524063782/0001193125-24-063782-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/929008/000119312524063782/d765127d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-063782

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