Wesco to redeem $199.970 million in 9 1/8% notes

By E. Janene Geiss

Philadelphia, Oct. 17 - Wesco International, Inc. said it has plans to redeem on Oct. 28 all $199.790 million principal amount of 9 1/8% senior subordinated notes due 2008 issued in 1998 by Wesco Distribution, according to an 8-K filing on Oct. 14 with the Securities and Exchange Commission.

The redemption price will be 101.521% of the principal amount plus accrued interest to the redemption date, according to the filing.

Wesco International is a Pittsburgh, Pa.-based distributor of electrical construction products and electrical and industrial maintenance, repair and operating supplies.

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