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| WCC > SEC Filings for WCC > Form 8-K on 12-Dec-2012 | All Recent SEC Filings |
12-Dec-2012
Termination of a Material Definitive Agreement, Other Events, Financial S
On December 10, 2012, WESCO International, Inc. (the "Company") announced that its subsidiary WESCO Distribution, Inc. ("WESCO Distribution") would redeem all of its outstanding 7.50% Senior Subordinated Notes due 2017 (the "Notes") on January 9, 2013 (the "Redemption Date"). In accordance with the terms of the Notes, the Notes will be redeemed by WESCO Distribution at a redemption price equal to 101.250% of the principal amount thereof plus accrued and unpaid interest to, but excluding, the Redemption Date. On December 11, 2012, in accordance with the terms of the Indenture dated as of September 27, 2005 (the "Indenture"), among WESCO Distribution, the Company and The Bank of New York Mellon, a New York banking corporation, as successor to J. P. Morgan Trust Company, National Association, as trustee (the "Trustee"), WESCO Distribution irrevocably deposited with the Trustee funds sufficient to pay principal and interest on the Redemption Date of all outstanding Notes, including interest thereon to the Redemption Date. As a result, the Indenture has been satisfied and discharged.
On December 12, 2012, the Company issued a press release regarding the completion of certain financing transactions. A copy of the press release is filed as Exhibit 99.1 to this Current Report and is incorporated herein by reference.
(d) Exhibits
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