CDW to sell three series of senior notes via seven bookrunners

By Rebecca Melvin

Concord, N.H., Nov. 23 – CDW LLC and CDW Finance Corp. are offering three series of senior notes, according to a 424B5 filing with the Securities and Exchange Commission.

J.P. Morgan Securities LLC, BofA Securities Inc., Wells Fargo Securities LLC, Morgan Stanley & Co. LLC, Capital One Securities Inc., Mizuho Securities USA Inc. and MUFG are the bookrunners.

Goldman Sachs & Co. LLC, Scotia Capital (USA) Inc., U.S. Bancorp Investments Inc. and Siebert Williams Shank & Co. LLC are co-managers.

The notes will have a make-whole call followed by a par call. They have a change-of-control put at 101.

Proceeds of the notes will be used to partially fund CDW’s acquisition of Granite Parent Inc., the indirect parent of Sirius Computer Solutions Inc. If the acquisition is not completed, there will be a special mandatory redemption of the notes at a redemption price equal to 101% of the principal amount of the notes plus accrued interest to the redemption date.

CDW is an information technology and cybersecurity company based in Lincolnshire, Ill.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.