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Published on 10/9/2012 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

HD Supply plans to redeem some 13½% notes with note offering proceeds

By Ashley Montgomery

Kansas City, Kan., Oct. 9 - HD Supply, Inc. plans to use the proceeds from its $750 million offering of senior notes due 2020 to redeem a portion of its outstanding 13½% senior subordinated notes due 2015, according to a news 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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