Moody's assigns Ba3 ratings to WESCO Distribution, Inc's proposed notes
Moody's Investors Service (Moody's) assigned Ba3 ratings to WESCO Distribution, Inc.'s proposed backed senior unsecured notes. WESCO International, Inc.'s (WESCO) Ba2 corporate family rating (CFR) and Ba2-PD probability of default rating (PDR) are not affected as well as the assigned ratings on the ...WESCO International is a distributor of products and provider of supply chain management and logistics services used primarily in industrial, construction, utility and commercial, institutional and government markets. The company is a provider of electrical, industrial, and communications maintenance, repair and operating and original equipment manufacturers products, construction materials, and supply chain management and logistics services. The company's primary product categories include general supplies, wire, cable and conduit, communications and security, electrical distribution and controls, lighting and sustainability, and automation, controls and motors.
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Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.
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