GE Closes US$290M Revolving Term Credit Facility

On March 19, 2002, GE Capital, as agent, closed a US$290 million senior secured asset based revolving term credit facility made available by GE Capital and six other lenders to Wesco Distribution Inc. and Wesco Distribution-Canada, Inc.

GE Capital was represented by in-house counsel and managing director, Jill Zellmer. Osler, Hoskin & Harcourt LLP was counsel for GE Capital Commercial Finance, Inc., with a team that included Scott Horner, Laurie Shieff and Derek Smith; along with Winston & Strawn in New York with a team that included Bill Brewer, Christine Carroll and Darwin Connor.

Wesco was represented by Blake, Cassels & Graydon LLP, with a team that included Peter MacGowan, Neil Herle, Jennifer Morgan and Jim Papadimitriou; and in the U.S. by Kirkpatrick & Lockhart LLP with a team that included Charles Harris and Henry Synder.