HD Supply to redeem some 13½% notes due 2015 via new notes proceeds

By Toni Weeks

San Diego, Jan. 9 - HD Supply, Inc. will use the proceeds from its planned offering of $650 million of senior subordinated notes due 2021 to redeem a portion of the company's outstanding 13½% senior subordinated notes due 2015 and pay related fees and expenses, according to a company press release.

HD Supply is an Atlanta-based wholesale distributor for the infrastructure and energy, maintenance, repair and improvement and specialty construction sectors.

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