Wesco reduces revolver size to $300 million

By Sara Rosenberg

New York, March 8 - Wesco Distribution Inc. voluntarily reduced the borrowing limit under its revolving credit facility to $300 million from $375 million effective Thursday, according to an 8-K filed with the Securities and Exchange Commission.

This reduction was made because the company recently increased its accounts receivable securitization facility to $500 million from $400 million.

Wesco is a Pittsburgh-based distributor of electrical construction products and electrical and industrial maintenance, repair and operating supplies, and a provider of integrated supply services.

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