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Wesco International holders put back $165,000 of 1.75% convertibles
By Angela McDaniels
Tacoma, Wash., Nov. 15 - Wesco International, Inc. said holders put back $165,000 of its 1.75% convertible senior debentures due 2026.
The put option for the convertibles ended at midnight ET on Nov. 14.
The company paid par plus accrued interest for the convertibles put back to it.
Following the repurchase, $56,000 of the convertibles remain outstanding.
Wesco makes electrical, industrial and communications products used by original equipment manufacturers and for maintenance, repair and operating.
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