Business
Wesco Announces Commencement of Private Offering of Senior Notes Due 2031 and Senior Notes Due 2034
WESCO International, Inc. (NYSE: WCC) ("Wesco"), a leading provider of business-to-business distribution, logistics services, and supply chain solutions, today announced that its wholly owned subsidiary, WESCO Distribution, Inc. ("Wesco Distribution"), intends to offer (the "Offering") to eligible purchasers, subject to market and other conditions, $650 million aggregate principal amount of senior notes due 2031 (the "5-Year Notes") and $650 million aggregate principal amount of senior notes due
About this update from Wesco International, Inc.
[{"type":"text","content":"PITTSBURGH, Feb. 24, 2026 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC) ("Wesco"), a leading provider of business-to-business distribution, logistics services, and supply chain solutions, today announced that its wholly owned subsidiary, WESCO Distribution, Inc. ("Wesco Distribution"), intends to offer (the "Offering") to eligible purchasers, subject to market and other conditions, $650 million aggregate principal amount of senior notes due 2031 (the "5-Year Notes") and $650 million aggregate principal amount of senior notes due 2034 (together with the 5-Year Notes, the "Notes").","length":654,"tagName":"p"},{"type":"image","alt":"Wesco International (PRNewsfoto/Wesco International)","displaySize":"","headline":null,"caption":"Wesco International (PRNewsfoto/Wesco International)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":335,"url":"https://media.zenfs.com/en/prnewswire.com/dd6633faae23ef82a338784168d0cc86"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/IEuqJnUHttOhkwlmUGkErg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTU5MDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/dd6633faae23ef82a338784168d0cc86","width":400,"height":335}},"href":"https://mma.prnewswire.com/media/2069279/WESCO_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Wesco Distribution intends to use the net proceeds from this Offering, together with borrowings under its asset-based revolving credit facility (the "ABL Facility"), to redeem all of its outstanding 7.250% senior notes due 2028 (the "Wesco 2028 Notes") on or after June 15, 2026. Prior to redeeming the Wesco 2028 Notes, Wesco Distribution intends to (i) use the net proceeds from this Offering to temporarily repay a portion of the outstanding borrowings under its accounts receivable securitization facility (the "Receivables Facility") and the ABL Facility and (ii) subsequently redraw under the Receivables Facility and the ABL Facility in an aggregate amount sufficient to redeem the Wesco 2028 Notes.","length":736,"tagName":"p"},{"type":"text","content":"The Notes will be unsecured, unsubordinated debt obligations of Wesco Distribution, and will rank equally with Wesco Distribution's other existing and future unsecured, unsubordinated ...