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.
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- Date
- October 2012
- Company
- HD Supply, Inc.
- Transaction
- M&A
- Sectors
- Industrial
- Target Geography
- North America
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