secwatch.observer — SEC 8-K summary
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Issuer:     WESCO INTERNATIONAL INC (WCC)
CIK:        0000929008
Form:       8-K
Filed at:   2025-03-06T23:59:59+00:00
Accession:  0001193125-25-048516
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WESCO issues $800M 6.375% notes due 2033 to refinance high-cost preferred stock
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- Issued $800M of 6.375% senior notes due 2033; net proceeds ~$789.5M.
- Proceeds to redeem all 10.625% Series A Preferred Stock on June 22, 2025, and repay ABL facility.
- ABL facility amended: maturity extended to Feb 28, 2030; capacity increase to $500M; SOFR spread adjustment removed.
- Receivables facility amended: termination extended to Feb 28, 2028; SOFR spread adjustment removed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/929008/000119312525048516/0001193125-25-048516-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/929008/000119312525048516/d861758d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-048516

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