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Published on 11/24/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

CDW to redeem $541.4 million of senior notes due 2019 via new offering

By Tali Rackner

Norfolk, Va., Nov. 24 – CDW Corp. wholly owned subsidiaries CDW LLC and CDW Finance Corp. plan to fund the redemption of $541.4 million aggregate principal amount of their outstanding senior notes due 2019 with the proceeds from a new senior note offering, according to a press release.

Proceeds will also be used to pay related fees and expenses.

The issuers currently expect to issue a notice of redemption upon the closing of the new offering.

CDW is based in Vernon Hills, Ill., and provides technology solutions to business, government, education and health-care customers.


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