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Published on 3/26/2012 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

HD Supply to refinance 12% notes due 2014 with note proceeds, loan

By Tali David

Minneapolis, March 26 - HD Supply, Inc. plans to use the proceeds from its senior secured note offerings, together with term loan borrowings, to refinance its 12% senior cash pay notes due 2014, according to a press release.

HD Supply is an Atlanta-based distributor of building materials and tools and a provider of installation services to businesses and the government.


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