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Stock impact report

CDW Corporation Announces Upsizing and Pricing of Registered Offering of $600 Million of Senior Notes due 2025

CDW Corporation (CDW) 
Last cdw corporation earnings: 2/6 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cdw.com
Company Research Source: GlobeNewswire
LINCOLNSHIRE, Ill., April 16, 2020 (GLOBE NEWSWIRE) -- CDW Corporation (NASDAQ: CDW), a leading multi-brand technology solutions provider to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that its wholly owned subsidiaries CDW LLC and CDW Finance Corporation (together, the “Issuers”) have priced an offering of $600 million in aggregate principal amount of 4.125% senior notes due 2025 (the “Notes”), representing an increase of $100 million in aggregate principal amount from the initially proposed offering size, in an offering registered under the Securities Act of 1933, as amended (the “Note Offering”). The Notes were priced at 100% of par. The sale of the Notes is expected to be completed on April 21, 2020, subject to customary closing conditions. The Issuers intend to use the proceeds from the Note Offering for general corporate purposes and to pay fees and expenses related to the Note Offering. Th Show less Read more
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