HD Supply to refinance 14 7/8% notes due 2020 with offering proceeds

By Tali David

Minneapolis, Jan 29 - HD Supply, Inc. plans to use the proceeds from a $1.28 billion senior note offering to refinance its outstanding 14 7/8% senior notes due 2020, according to a press release.

It will also use the proceeds to pay related fees and expenses.

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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