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CDW calls 8% notes in full, $234.7 million portion of 8½% notes
By Angela McDaniels
Tacoma, Wash., Aug. 5 – CDW Corp. subsidiaries CDW LLC and CDW Finance Corp. will redeem their $325 million of 8% senior secured notes due 2018 in full and $234.7 million principal amount of their $1.28 billion of 8½% senior secured notes due 2019 on Sept. 5, according to company news releases.
The redemption price is 106.061% of par for the 8% notes and 108.764% of par for the 8½% notes. Holders will also receive accrued interest up to but excluding the redemption date.
CDW is based in Vernon Hills, Ill., and provides technology solutions to business, government, education and health-care customers.
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