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Published on 11/19/2013 in the Prospect News High Yield Daily.

Wesco International announces $400 million senior notes offering

By Paul A. Harris

Portland, Ore., Nov. 19 - Wesco Distribution, Inc., a subsidiary of Wesco International, Inc., announced in a Tuesday press release that it intends to offer, subject to market conditions, $400 million of senior notes due 2021 via Rule 144A and Regulation S.

The company stated that all or a portion of the proceeds will be used to repay amounts outstanding under its U.S. sub-facility of its term loan facility.

Wesco is a Pittsburgh-based provider of electrical, industrial, and communications MRO and OEM products, construction materials, and advanced supply chain management and logistics services.


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