Wesco plans loan paydown with proceeds of $400 million new notes issue

By Susanna Moon

Chicago, Nov. 19 - Wesco International, Inc. said it plans to pay down the U.S. sub-facility of its term loan facility with proceeds from a new issue of notes.

The company plans to issue $400 million of senior notes due 2021, subject to market conditions, according to a press release.

Wesco is a Pittsburgh-based provider of electrical, industrial, and communications MRO and OEM products, construction materials, and advanced supply chain management and logistics services.

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