The selling stockholders also intend to grant the underwriters an option to purchase up to an additional 4.5 million shares of common stock. The selling stockholders will receive all the proceeds in this offering. The company will not receive any proceeds from the sale of common stock
by the selling stockholders.
BofA Merrill Lynch, Barclays, Credit Suisse, and J.P. Morgan are acting as bookrunners and representatives of the underwriters for the offering. Additional bookrunners are Citigroup, Deutsche Bank Securities, Goldman, Sachs & Co., Morgan Stanley, UBS Investment Bank, and Wells Fargo Securities. Baird, William Blair, Raymond James, BB&T Capital Markets, SunTrust Robinson Humphrey, Drexel Hamilton, and Guzman & Company are acting as co-managers for the offering.
Copies of the preliminary prospectus may be obtained from BofA Merrill Lynch, Attention: Prospectus Department, 222 Broadway, New York, NY 10038 or by emailing firstname.lastname@example.org; Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, calling (888) 603-5847 or emailing email@example.com; Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York 10010, calling (800) 221-1037 or emailing firstname.lastname@example.org; and J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Ave., Edgewood, NY11717 or by calling (866) 803-9204.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. The securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
HD Supply is one of the largest industrial distributors in North America. The company provides a broad range of products and value-add services to approximately 500,000 customers with leadership positions in maintenance, repair and operations, infrastructure and power and specialty construction sectors.