CDW Escrow is seeking to raise about $1.06 billion in a sale of senior notes. The wholly-owned subsidiary of technology solutions provider CDW will sell the notes in a private offering.
The company may use the net proceeds from the offering to pay the consideration in a concurrent tender offer and consent solicitation and for general corporate purposes. The notes will be fully and unconditionally guaranteed by CDW and by certain of its current and future wholly owned domestic subsidiaries.
Click here for the release from CDW.