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Wesco

Wesco expands ABL and receivables securitisation facilities to US$3.6bn

Wesco International has increased capacity across its asset-based revolving credit and receivables securitisation facilities by a combined US$325m, lifting their stated limits to US$3.6bn while extending both funding lines and reducing borrowing spreads. Wesco Distribution, the group's wholly owned operating...

#ABL#accounts receivable#asset based lending

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