Baytex Energy Corp T.BTE

JUST For COMPARISON: WESCO 2032 Senior Notes @ 6.625%

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PITTSBURGH, Feb. 26, 2024 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC) ("Wesco"), a leading provider of business-to-business distribution, logistics services, and supply chain solutions, today announced that its wholly owned subsidiary, WESCO Distribution, Inc. ("Wesco Distribution"), priced its previously announced offering (the "Offering") to eligible purchasers of $900 million aggregate principal amount of 6.375% senior notes due 2029 (the "5-Year Notes") and $850 million aggregate principal amount of 6.625% senior notes due 2032 (the "8-Year Notes" and, together with the 5-Year Notes, the "Notes"). The aggregate principal amount of the 5-Year Notes to be issued in the Offering has been increased from the previously announced $750 million to $900 million. The aggregate principal amount of the 8-Year Notes to be issued in the Offering has been increased from the previously announced $750 million to $850 million. The 5-Year Notes will be issued at a price of 100.000 % of the aggregate principal amount thereof. The 8-Year Notes will be issued at a price of 100.000% of the aggregate principal amount thereof. The issuance and sale of the Notes is scheduled to settle on March 7, 2024, subject to customary closing conditions.

https://www.prnewswire.com/news-releases/wesco-announces-pricing-of-private-offering-of-senior-notes-due-2029-and-senior-notes-due-2032-302071830.html

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- OF COURSE, the CREDIT PROFILE of Baytex Energy is NOT THE SAME AS WESCO International

- NOTICE that the OFFERING (6.625% 2032 Senior Notes) was INCREASED by USD 100 million due to MARKET ACCEPTANCE

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