Anixter to redeem remaining 5 5/8% senior notes due 2019 on Dec. 3

By Sarah Lizee

Olympia, Wash., Nov. 28 – Anixter International Inc. said wholly owned subsidiary Anixter Inc. will redeem all of its 5 5/8% senior notes due 2019 that remain outstanding following the final settlement of Anixter Inc.’s previously announced tender offer and consent solicitation for the notes.

The notes will be redeemed on Dec. 3 at 100.99 plus accrued interest up to but excluding the redemption date.

As previously reported, Anixter said it had received tenders of $275,681,000 of the notes by the consent deadline in its tender offer and consent solicitation for the $350 million of outstanding notes.

Anixter is a Glenview, Ill.-based distributor of enterprise cabling and security solutions, electrical and electronic wire and cable and OEM supply fasteners and other small parts.

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