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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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