Business
Wesco Announces Pricing 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"), priced its previously announced offering (the "Offering") to eligible purchasers of $650 million aggregate principal amount of 5.250% senior notes due 2031 (the "5-Year Notes") and $850 million aggregate principal amount of 5.500% 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"), priced its previously announced offering (the "Offering") to eligible purchasers of $650 million aggregate principal amount of 5.250% senior notes due 2031 (the "5-Year Notes") and $850 million aggregate principal amount of 5.500% senior notes due 2034 (the "8-Year Notes" and, together with the 5-Year Notes, the "Notes"). The aggregate principal amount of the 8-Year Notes to be issued in the Offering has been increased from the previously announced $650 million to $850 million. The 5-Year Notes will be issued at a price of 100.000% of the aggregate principal amount thereof. The 8-Year Notes will be issued at a price of 100.000% of the aggregate principal amount thereof. The issuance and sale of the Notes is scheduled to settle on February 27, 2026, subject to customary closing conditions.","length":1154,"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 estimates that the net proceeds from the Offering will be approximately $1.48 billion, after deducting the initial purchasers' discount and estimated offering expenses. Wesco Distribution intends to use the net proceeds from this Offering to redeem all of its outstanding 7.250% senior notes due 2028 (the "Wesco 2028 Notes") on or after June 15, 2026 and repay a portion of the amount outstanding under the ABL Facility (as defined below). Prior to redeeming...