Redemption | WCC 10 5/8 PERP | 23rd June 2025
WESCO International Inc announced the redemption of its 10.625% Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock. The redemption price will be USD 25.59765625, including accrued and unpaid dividends. The redemption date will be June 22, 2025.
The treatment below will be applied to the following indices:
- WCC 10 5/8 PERP will be removed from the Index.
- The weight of WCC 10 5/8 PERP (WCC_pa.N) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 23/06/2025
Solactive US Preferred Share Select 2 Index (NTR)
Solactive US Preferred Share Select Index (NTR)