Deal Details
Senior Notes Offering
Summary
Baird served as a co-manager on this offering
About
HD Supply, Inc. (“HD Supply” or the “Company”) recently priced a private offering of $1 billion aggregate principal amount senior notes due 2020. The senior notes bear interest at 11.5% per annum and were issued at par value. The Company intends to use the net proceeds from this offering to redeem a portion of its outstanding 13.5% senior subordinated notes due 2015. HD Supply is one of the largest industrial distribution companies in North America. Through a diverse portfolio of industry-leading businesses, the Company provides a broad range of products and services to approximately 440,000 professional customers in the infrastructure, maintenance, repair and improvement, and specialty construction markets. HD Supply is headquartered in Atlanta, Georgia.For additional information about this transaction, please contact:
- Date
- October 2012
- Company
- HD Supply, Inc.
- Transaction
- M&A
- Sectors
- Industrial
- Target Geography
- North America
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