WESCO International And Subsidiary Outlooks Revised To Positive On Credit Metrics Improvement; 'BB-' Rating Affirmed - S&P Global Ratings’ Credit Research

WESCO International And Subsidiary Outlooks Revised To Positive On Credit Metrics Improvement; 'BB-' Rating Affirmed

WESCO International And Subsidiary Outlooks Revised To Positive On Credit Metrics Improvement; 'BB-' Rating Affirmed - S&P Global Ratings’ Credit Research
WESCO International And Subsidiary Outlooks Revised To Positive On Credit Metrics Improvement; 'BB-' Rating Affirmed
Published Apr 27, 2012
1106 words — Published Apr 27, 2012
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Abstract:

Credit measures for U.S.-based industrial distributor WESCO International Inc. continue to improve. We are revising our outlook on the company to positive from stable and affirming the 'BB-' corporate credit rating. The positive outlook reflects the possibility of an upgrade over the next 12 months if WESCO's leverage remains commensurate with a higher rating. This would include adjusted debt leverage less than 3.5x and funds flow to debt coverage exceeding 20%. NEW YORK (Standard&Poor's) April 27, 2012--Standard&Poor's Ratings Services said today that it revised its outlook on Pittsburgh, Pa.-based WESCO International Inc. to positive from stable. At the same time, we affirmed our ratings, including the 'BB-' corporate credit rating and 'B' issue ratings, on the

  
Brief Excerpt:

RESEARCH WESCO International And Subsidiary Outlooks Revised To Positive On Credit Metrics Improvement; '##-' Rating Affirmed Publication date: 27-Apr-2012 Primary Credit Analyst: Gregoire Buet, New York (1) 212-438-4122; gregoire_buet@standardandpoors....

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Trading Companies & Distributors (20107010)
Sector
Global Issuers
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "WESCO International And Subsidiary Outlooks Revised To Positive On Credit Metrics Improvement; 'BB-' Rating Affirmed" Apr 27, 2012. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/WESCO-International-And-Subsidiary-Outlooks-Revised-To-Positive-On-Credit-Metrics-Improvement-BB-Rating-Affirmed-961238>
  
APA:
S&P Global Ratings’ Credit Research. (). WESCO International And Subsidiary Outlooks Revised To Positive On Credit Metrics Improvement; 'BB-' Rating Affirmed Apr 27, 2012. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/WESCO-International-And-Subsidiary-Outlooks-Revised-To-Positive-On-Credit-Metrics-Improvement-BB-Rating-Affirmed-961238>
  
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