September 16, 2014 10:37 AM ET

Trading Companies and Distributors

Company Overview of HD Supply, Inc.

Company Overview

HD Supply, Inc. operates as an industrial distribution company in North America. It offers a range of products in maintenance, repair and operations, infrastructure and power, and specialty construction sectors. The company distributes electrical and lighting items, plumbing products, HVAC products, appliances, janitorial supplies, hardware, kitchen and bath cabinets, window coverings, textiles and guest amenities, healthcare maintenance products, and water and wastewater treatment products; fasteners, builders hardware, ropes and chains, and plumbing accessories; and kitchen cabinets, windows, plumbing materials, masonry, electrical equipment, lumber, flooring and tools, and tool rentals. I...

3100 Cumberland Boulevard

Suite 1480

Atlanta, GA 30339

United States

16,000 Employees

Phone:

770-852-9000

Key Executives for HD Supply, Inc.

Chief Executive Officer
Age: 52
Chief Financial Officer
Age: 44
Senior Vice President of Operations
Chief Executive Officer of HD Supply Facilities Maintenance and President of HD Supply Facilities Maintenance
Age: 48
Chief Executive Officer of HD Supply Power Solutions and President of HD Supply Power Solutions
Age: 55
Compensation as of Fiscal Year 2014.

HD Supply, Inc. Key Developments

HD Supply Expands Northeast Footprint with Combined Waterworks and White Cap Facility

HD Supply, Inc. announced it has opened a new combined Waterworks and White Cap 25,000 square-foot facility located at 232 Frontage Road, Manchester, N.H. The new location, with a one-acre yard, will serve HD Supply Waterwork's contractor, municipality and utility customers in addition to HD Supply White Cap's industrial, commercial and residential customers by warehousing and distributing both companies' products. Additionally, as part of HD Supply's growth strategy, HD Supply Waterworks recently expanded its footprint in Portland, Ore.; San Antonio, Texas; and Westbrook, Maine; and HD Supply White Cap in Capitol Heights, Md.; Chicago, Ill.; Marietta, Ga.; Mesquite, Texas and Santa Barbara, Calif.

HD Supply, Inc. Enters into Amendment to the Credit Agreement Governing its $1,000,000,000 Term Loan Facility

On February 6, 2014, HD Supply, Inc. entered into amendment no. 2 (the amendment) to the credit agreement governing its $1,000,000,000 term loan facility (the term loan facility), dated as of April 12, 2012, by and among the company, Bank of America, N.A., as administrative agent and collateral agent, and the other lenders and financial institutions from time to time party thereto (as amended by amendment no. 1 entered into on February 15, 2013, the term loan credit agreement). Prior to the amendment, borrowings under the term Loan Credit Agreement bear interest at a rate per annum equal to an applicable margin plus, at the company's option, either LIBOR (subject to a 1.25% floor) or the base rate. The amendment reduced the applicable margin for borrowings under the Credit Agreement from 3.25% for LIBOR borrowings and 2.25% for base rate borrowings to 3.00% for LIBOR borrowings and 2.00% for base rate borrowings, and reduced the LIBOR floor to 1.00%. The amendment also added a new soft call provision applicable to optional prepayment of term loans. The soft call requires a premium equal to 1.00% of the aggregate principal amount of term loans being prepaid if, on or prior to August 6, 2014, the Company enters into certain repricing transactions. In addition, the amendment provided that the company may withhold up to $150 million from repayments otherwise required to be made with the proceeds of asset sales and use such proceeds to repay any debt, including debt that is junior to the term loans. The amendment also extended the maturity of the term loans by approximately nine months, to June 28, 2018. Pursuant to the credit agreement governing the company's $1,500,000,000 asset-based loan facility (the ABL Facility), dated as of April 12, 2012, by and among the company, the other borrowers party thereto, the lenders party thereto, General Electric Capital Corporation, as administrative agent and U.S. ABL collateral agent, and GE Canada Finance Holding Company, as Canadian agent and Canadian collateral agent (as amended by amendment no. 1 entered into on June 28, 2013, the ABL Credit Agreement), the maturity date of the ABL Facility is the earlier of June 28, 2018 and the maturity date of the Term Loan Facility. The Amendment therefore effectively extended the maturity date of the ABL Facility to June 28, 2018.

HD Supply, Inc. Presents at Raymond James 35th Annual Institutional Investors Conference, Mar-04-2014 01:40 PM

HD Supply, Inc. Presents at Raymond James 35th Annual Institutional Investors Conference, Mar-04-2014 01:40 PM. Venue: JW Marriott Grande Lakes, 4040 Central Florida Parkway, Orlando, Florida, United States.

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