8-K
WESCO INTERNATIONAL INC false 0000929008 0000929008 2024-05-20 2024-05-20 0000929008 us-gaap:CommonStockMember 2024-05-20 2024-05-20 0000929008 us-gaap:SeriesAPreferredStockMember 2024-05-20 2024-05-20

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 20, 2024

 

 

WESCO International, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-14989   25-1723342
(State or other jurisdiction
of incorporation)
 

(Commission

File Number)

  (IRS Employer
Identification No.)

 

225 West Station Square Drive  
Suite 700  
Pittsburgh, Pennsylvania   15219
(Address of principal executive offices)   (Zip Code)

(412) 454-2200

(Registrant’s telephone number, including area code)

Not applicable.

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:

 

Title of Class

 

Trading
Symbol(s)

 

Name of Exchange

on which registered

Common Stock, par value $0.01 per share   WCC   New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock   WCC PR A   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 


Item 8.01. Other Events.

On May 20, 2024, WESCO Distribution, Inc., a Delaware corporation and wholly owned subsidiary (the “Issuer”) of WESCO International, Inc., elected to exercise its optional redemption right to redeem the entire outstanding $1,500 million aggregate principal amount of 7.125% Senior Notes due 2025 of the Issuer (the “Notes”), and U.S. Bank Trust Company, National Association, as successor to U.S. Bank National Association, as trustee under the indenture governing the Notes, issued a notice of redemption to registered holders of the Notes. The date fixed for the redemption of the Notes is June 15, 2024 (the “Redemption Date”). The Notes will be redeemed at a redemption price equal to 100.000% of the principal amount of the Notes plus accrued and unpaid interest on the Notes to, but not including, the Redemption Date. The foregoing does not constitute a notice of redemption with respect to any of the Notes.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

     

WESCO International, Inc.

      (Registrant)

May 20, 2024

    By:  

/s/ David S. Schulz

(Date)       David S. Schulz
      Executive Vice President and Chief Financial Officer