NEW YORK (Standard&Poor's) July 28, 2009--Standard&Poor's Ratings Services today assigned an issue-level rating of 'B' to WESCO International Inc.'s offering of up to $345 million of senior convertibles notes due 2029, based on preliminary terms. We also assigned a recovery rating of '6' to these notes, indicating our expectation of minimal recovery (0%-10%) in the event of a payment default. All other ratings on WESCO and wholly-owned subsidiary WESCO Distribution Inc. remain unchanged. WESCO today announced that it is offering to exchange a portion of its outstanding $150 million and $300 million senior convertible notes due 2025 and 2026, respectively, for up to $345 million of new senior convertible notes due in 2029. The terms of
