debt
confidence high
sentiment neutral
materiality 0.60
WESCO Distribution redeems $1.5B 7.125% Senior Notes due 2025 on June 15
WESCO INTERNATIONAL INC
- Issuer exercises optional redemption of $1.5B aggregate principal of 7.125% Senior Notes due 2025.
- Redemption date: June 15, 2024; price: 100% of principal plus accrued interest to that date.
- Notes were issued by WESCO Distribution, Inc., a wholly owned subsidiary of WESCO International (WCC).
- Notice of redemption issued to registered holders on May 20, 2024.