sctoviza
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE TO
(Amendment No. 1)
TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
WESCO INTERNATIONAL, INC.
(Name of Subject Company and Filing Persons (Issuer))
2.625% Convertible Senior Debentures due 2025
(Title of Class of Securities)
95082PAE5
(CUSIP Numbers of Class of Securities)
Richard P. Heyse
Vice President and Chief Financial Officer
WESCO International, Inc.
225 West Station Square Drive
Suite 700
Pittsburgh, Pennsylvania 15219
Telephone: (412) 454-2200
(Name, Address and Telephone Number of Person Authorized to Receive Notice and Communications on Behalf of Filing Person)
COPIES TO:
Kristen L. Stewart
Jeffrey W. Acre
K&L Gates LLP
K&L Gates Center
210 Sixth Avenue
Pittsburgh, Pennsylvania 15222
Telephone: (412) 355-6500
CALCULATION OF FILING FEE
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Transaction Valuation *
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Amount of Filing Fee ** |
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$92,327,000
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$6,583 |
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* |
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Calculated solely for purposes of determining
the filing fee. The repurchase price of the
2.625% Convertible Senior Debentures due
2025, as described herein, is $1,000 per
$1,000 principal amount thereof, plus accrued
and unpaid interest to, but not including,
the repurchase date. As of September 15,
2010, there was $92,327,000 in aggregate
principal amount of 2.625% Convertible Senior
Debentures due 2025 outstanding, resulting in
an aggregate maximum purchase price of
$92,327,000. |
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** |
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The amount of the filing fee was calculated
in accordance with Rule 0-11(b) of the
Securities Exchange Act of 1934, as amended,
and equals $71.30 for each $1,000,000 of the
value of the transaction. |
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Check the box if any part of the fee is offset as provided by
Rule 0-11(a)(2) and identify the filing with which the
offsetting fee was previously paid. Identify the previous
filing by registration statement number, or the Form or
Schedule and the date of its filing. |
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Amount Previously Paid: $6,583
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Filing Party: WESCO International, Inc. |
Form or Registration No.: Schedule TO (001-14989)
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Date Filed: September 16, 2010 |
o Check the box if the filing relates solely to preliminary communications made before the
commencement of a tender offer. Check the appropriate boxes below to designate any transactions to
which the statement relates:
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o third-party tender offer subject to Rule 14d-1.
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o going-private transaction subject to Rule 13e-3. |
þ issuer tender offer subject to Rule 13e-4.
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o amendment to Schedule 13D under Rule 13d-2. |
Check the following box if the filing is a final amendment reporting the results of the tender
offer: þ
INTRODUCTORY STATEMENT
This Amendment No. 1 is an amendment to the Tender Offer Statement on Schedule TO filed by
WESCO International, Inc. (the Company) with respect to the right of each holder (each, a
"Holder) of the Companys 2.625% Convertible Senior Debentures due 2025 (the Debentures) to
require the Company to repurchase all or a portion of its Debentures on October 15, 2010, as set
forth in the Company Notice to Holders of 2.625% Convertible Senior Debentures due 2025, dated
September 16, 2010 (the Company Notice), the Supplement to the Company Notice to Holders of
2.625% Convertible Senior Debentures due 2025, dated September 20, 2010 (the Supplement), and the
related notice materials filed as exhibits to the originally filed Schedule TO.
This Amendment No. 1 is being filed by the Company to amend certain provisions of the Company
Notice, as set forth in the Supplement.
Items 1 through 9.
As permitted by General Instruction F to Schedule TO, all of the information set forth in the
Supplement is incorporated by reference into this Schedule TO. The Supplement should be read in
conjunction with the Company Notice. Except for the changes described in the Supplement, all other
terms of the Company Notice remain the same.
Item 12. Exhibits.
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Exhibit |
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Number |
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Description |
(a)(1)(A)
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Company Notice to Holders of 2.625% Convertible Senior
Debentures due 2025, dated September 16, 2010 (incorporated
by reference to Exhibit (a)(1) to the Companys Schedule TO
filed on September 16, 2010). |
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(a)(1)(B)
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Supplement to Company Notice to Holders of 2.625%
Convertible Senior Debentures due 2025, dated September 20,
2010. |
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(a)(5)
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Press release issued on September 16, 2010 (incorporated by
reference to Exhibit (a)(5) to the Companys Schedule TO
filed on September 16, 2010). |
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(b)
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Not applicable. |
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(d)(1)
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Indenture, dated as of September 27, 2005, among the
Company, WESCO Distribution and the Trustee (incorporated by
reference to Exhibit 4.1 to the Companys Current Report on
Form 8-K filed on September 27, 2005). |
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(g)
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Not applicable. |
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(h)
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Not applicable. |
SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify that the information
set forth in this statement is true, complete and correct.
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Date: September 20, 2010 |
WESCO International, Inc.
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By: |
/s/ Richard P. Heyse
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Name: |
Richard P. Heyse |
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Title: |
Vice President and Chief Financial Officer |
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EXHIBIT INDEX
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Exhibit |
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Number |
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Description |
(a)(1)(A)
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Company Notice to Holders of 2.625% Convertible Senior
Debentures due 2025, dated September 16, 2010 (incorporated
by reference to Exhibit (a)(1) to the Companys Schedule TO
filed on September 16, 2010). |
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(a)(1)(B)
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Supplement to Company Notice to Holders of 2.625%
Convertible Senior Debentures due 2025, dated September 20,
2010. |
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(a)(5)
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Press release issued on September 16, 2010 (incorporated by
reference to Exhibit (a)(5) to the Companys Schedule TO
filed on September 16, 2010). |
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(b)
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Not applicable. |
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(d)(1)
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Indenture, dated as of September 27, 2005, among the
Company, WESCO Distribution and the Trustee (incorporated by
reference to Exhibit 4.1 to the Companys Current Report on
Form 8-K filed on September 27, 2005). |
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(g)
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Not applicable. |
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(h)
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Not applicable. |
exv99waw1wb
Exhibit (a)(1)(B)
SUPPLEMENT TO COMPANY NOTICE
TO HOLDERS OF
2.625% CONVERTIBLE SENIOR DEBENTURES DUE 2025
CUSIP Number: 95082PAE5
Reference is made to the Indenture, dated as of September 27, 2005 (the Indenture), among
WESCO International, Inc., a Delaware corporation (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), relating to the Companys 2.625% Convertible Senior Debentures due 2025
(the Debentures), and the Company Notice to Holders of 2.625% Convertible Senior Debentures due
2025, dated September 16, 2010 (the Company Notice) relating to the right of each holder of the
Debentures at its option (the Option) to require the Company to repurchase all or a portion of
its Debentures on October 15, 2010, as set forth in the Company Notice.
This Supplement to Company Notice to Holders of 2.625% Convertible Senior Debentures due 2025
(this Supplement) amends, modifies and supersedes certain information included in the Company
Notice. The Company is extending the time on October 14, 2010 (the Expiration Date) until which
Holders may exercise the Option from 5:00 p.m., New York City time, on the Expiration Date to 12:00
midnight, New York City time, at the end of the Expiration Date. Therefore, all references in the
Company Notice to 5:00 p.m. New York City time, on the Expiration Date are hereby amended to be
references to 12:00 midnight, New York City time, at the end of the Expiration Date.
This Supplement also amends, modifies and supersedes the first two paragraphs under Section
12. Additional Information Incorporation by Reference in the Company Notice. Those two
paragraphs are hereby amended and restated to read in their entirety as set forth below:
Incorporation by Reference. The SEC allows us to incorporate by reference
information that we file with it. This means that we can disclose important information to
you, including business and financial information, by referring you to other documents. Any
information we incorporate in this manner is considered part of this Company Notice except
to the extent updated and superseded by information contained in this Company Notice or in
documents incorporated by reference in this Company Notice.
We incorporate by reference the following documents that we have filed with the SEC,
except as noted in the paragraph below:
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Our SEC Filings (File No. 1-14989) |
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Period for or Date of Filing |
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Annual Report on Form 10-K
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Year Ended December 31, 2009 |
Quarterly Reports on Form 10-Q
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Quarters Ended March 31 and June 30, 2010 |
Current Reports on Form 8-K
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February 22, May 13 and September 7, 2010 |
Registration Statement on Form 8-A
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May 4, 1999 |
To exercise your option to have the Company repurchase all or any portion of the Debentures
and to receive payment of the Repurchase Price (as defined in the Company Notice), you must validly
deliver your Debentures through DTCs transmittal procedures prior to 12:00 midnight, New York City
time, at the end of the Expiration Date. The right of Holders to surrender Debentures for
repurchase pursuant to the Option expires at 12:00 midnight, New York City time, at the end of the
Expiration Date. Debentures surrendered for repurchase may be withdrawn by the Holders of such
Debentures at any time prior to 12:00 midnight, New York City time, at the end of the Expiration
Date.
This Supplement should be read in conjunction with the Company Notice. Except for the changes
described herein, all other terms of the Company Notice remain the same. As of the date of this
Supplement, we have been informed that no Holders have validly tendered their Debentures for
repurchase.
The Paying Agent is The Bank of New York Mellon. The address of the Paying Agent is Corporate
Trust Operations, 101 Barclay Street 7 East, New York, NY 10286, Attention: David Mauer, Phone:
212-815-3687, Fax: 212-298-1915.
Additional copies of this Supplement and/or the Company Notice may be obtained from the Paying
Agent at its address set forth above.
The date of this Supplement is September 20, 2010.