Wesco Announces Pricing of Private Offering of Senior Notes Due 2033
- Wesco's subsidiary, Wesco Distribution, priced its offering of $800 million in 6.375% senior notes due 2033.
- Wesco estimates net proceeds from the offering will be approximately $789.5 million to redeem outstanding preferred stock and repay some credit facility amounts.
- The notes will be unsecured and offered only to qualified institutional buyers under applicable securities regulations.
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Total News Sources36
Leaning Left1Leaning Right5Center9Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
C 60%
R 33%
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