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CDW subsidiaries to redeem $50 million of 12.535% notes on March 8
By Tali David
Minneapolis, Feb. 6 - CDW Corp. said that wholly owned subsidiaries CDW LLC and CDW Finance Corp. plan to redeem $50 million of 12.535% senior subordinated exchange notes due 2017, according to a press release.
The notes will be redeemed at 106.268 plus accrued interest on March 8. Following the redemption, $571.5 million of the exchange notes will remain outstanding.
CDW is a Vernon Hills, Ill.-based provider of technology products and services to business, government and education customers.
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