WESCO INTERNATIONAL, INC. 8-K
 

 
 
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): March 8, 2007
WESCO INTERNATIONAL, INC.
 
(Exact name of registrant as specified in its charter)
         
Delaware   001-14989   25-1723345
         
(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)
Registrant’s telephone number, including area code: (412) 454-2200
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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 


 

Item 8.01. Other Events.
     Pursuant to the terms of its existing revolving credit facility (the “Revolving Credit Facility”), WESCO Distribution, Inc., a wholly-owned subsidiary of WESCO International, Inc. (“WESCO Distribution”), voluntarily reduced the borrowing limit under the Revolving Credit Facility from $375 million to $300 million effective March 8, 2007. This voluntary reduction was made in light of the previously announced amendment on February 22, 2007 of WESCO Distribution’s accounts receivable securitization facility to, among other things, increase the purchase commitment thereunder from $400 million to $500 million. At December 31, 2006, WESCO Distribution had an outstanding balance under the Revolving Credit Facility of $97.0 million.


 

SIGNATURE
     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.    
 
           
 
           
 
  By:   /s/ Stephen A. Van Oss    
 
           
        Stephen A. Van Oss
Senior Vice President and Chief Financial
and Administrative Officer
Dated: March 8, 2007