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Wesco, subsidiaries amend and up revolver to $1.73 billion
By William Gullotti
Buffalo, N.Y., Nov. 2 – Wesco International, Inc. and its wholly owned subsidiary, Wesco Distribution, Inc., amended and upsized the 2027-maturing revolving credit facility with Barclays Bank plc as administrative agent on Oct. 31, according to an 8-K filing with the Securities and Exchange Commission.
The amendments upped the facility’s revolving commitments to $1,725,000,000 from $1,525,000,000, also increasing the subfacility for loans denominated in Canadian dollars to $625 million from $600 million.
Wesco is a Valencia, Calif.-based distributor and provider of supply chain management services to the aerospace industry.
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