Wesco to repay some 9 1/8% notes with stock offering proceeds

By Caroline Salls

Pittsburgh, Dec. 9 - Wesco International Inc. said it intends to repay a portion of its outstanding 9 1/8% senior subordinated notes due 2008 through a redemption or purchase using proceeds from its offering of 4 million shares of its common stock.

Wesco is a Pittsburgh-based distributor of electrical supplies and equipment and is a provider of integrated supply procurement services.

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