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July 30 (Reuters) – HD Supply Inc on Monday added
$300 million of senior secured first priority notes to an
existing issue, said IFR, a Thomson Reuters service.
The sale took place in the 144a private placement market.
The size of the offering was increased from an originally
planned $200 million.
Bank of America Merrill Lynch, Goldman Sachs, Barclays
Capital, JP Morgan, Credit Suisse, Deutsche Bank, Wells Fargo,
and UBS were the joint bookrunning managers for the sale.
BORROWER: HD SUPPLY INC
AMT $300 MLN COUPON 8.125 PCT MATURITY 04/15/2019
TYPE SR NTS ISS PRICE 107.5 FIRST PAY 10/15/2012
MOODY’S B2 YIELD 6.525 PCT SETTLEMENT 08/02/2012
S&P; B-PLUS SPREAD 558 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
