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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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