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Stock impact report

CDW Corporation Announces Senior Notes Offering

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: Business Wire
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information 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”) intend to offer, subject to market and the satisfaction of other customary conditions, senior notes (the “Notes"), in an offering registered under the Securities Act of 1933, as amended (the “Notes Offering”).The Issuers intend to use the proceeds from the Notes Offering, together with cash on hand, to fund its previously-announced acquisition of Granite Parent Inc., the parent company of Sirius Computer Solutions, Inc. (“Sirius”), for $2.5 billion (the “Acquisition”), and to pay fees and expenses related to the Acquisition. The Notes will be fully and unconditionally guaranteed, jointly and severally, on a senior uns Show less Read more
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