Anixter International Inc. Announces Initial Results of Tender Offer and Consent Solicitation for Its 5.625 % Senior Notes Due 2019

GLENVIEW, Ill.--(BUSINESS WIRE)--Anixter International Inc. (NYSE: AXE) today announced the initial results for the tender offer and consent solicitation (the “Tender Offer”) commenced on October 29, 2018 by its wholly-owned subsidiary, Anixter Inc., for any and all of Anixter Inc.’s 5.625% Senior Notes due 2019 (the “2019 Notes”). An aggregate of $275,681,000 principal amount of Notes, representing approximately 78.8% of the Notes outstanding (the “Tendered Notes”), were tendered as of 5:00 p.m., New York City time, on November 9, 2018 (the “Consent Date”). The anticipated early settlement date of the tender offer and consent solicitation is tomorrow, November 13, 2018 (the “Initial Settlement Date”).