CDW subsidiaries to redeem $20 million portion of 12.535% notes

By Angela McDaniels

Tacoma, Wash., Jan. 22 - CDW Corp. subsidiaries CDW LLC and CDW Finance Corp. will redeem a portion of their outstanding 12.535% senior subordinated exchange notes due 2017 on Feb. 21, according to an 8-K filing with the Securities and Exchange Commission.

The issuers will redeem $20 million principal amount of the currently outstanding $62.5 million principal amount of notes.

The redemption price is 104.178% of par plus accrued interest up to but excluding the redemption date.

CDW is based in Vernon Hills, Ill., and provides integrated information technology solutions.

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