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HD Supply Holdings, Inc. Files Registration Statement for Initial Public Offering of Common Stock



  HD Supply Holdings, Inc. Files Registration Statement for Initial Public
  Offering of Common Stock

Business Wire

ATLANTA -- April 12, 2013

HD Supply Holdings, Inc., the indirect parent of HD Supply, Inc., today
announced that it has filed a registration statement with the U.S. Securities
and Exchange Commission relating to a proposed initial public offering (“IPO”)
of its common stock. The company expects to use the proceeds from the proposed
offering to repay, redeem, repurchase or otherwise acquire or retire certain
of the outstanding indebtedness of HD Supply, Inc., and for general corporate
purposes.

BofA Merrill Lynch, Barclays, J.P. Morgan Securities LLC, and Credit Suisse
Securities (USA) LLC are lead book-running managers for the offering.
Additional book-running managers are Citigroup, Deutsche Bank Securities,
Goldman, Sachs & Co., Morgan Stanley, UBS Investment Bank, and Wells Fargo
Securities. The offering of common stock will be made only by means of a
prospectus.

When available, copies of the preliminary prospectus relating to the offering
may be obtained from: BofA Merrill Lynch, Attention: Prospectus Department,
222 Broadway, New York, NY 10038, email: dg.prospectus_requests@baml.com;
Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, NY 11717, (888) 603-5847, email:
barclaysprospectus@broadridge.com; J.P. Morgan Securities LLC, c/o Broadridge
Financial Solutions, 1155 Long Island Ave., Edgewood, NY 11717, (866)
803-9204; and, Credit Suisse Securities (USA) LLC, Attention: Prospectus
Department, One Madison Avenue, New York, New York 10010, (800) 221-1037,
email: newyork.prospectus@credit-suisse.com

HD Supply (www.hdsupply.com) 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 professional customers with leadership
positions in maintenance, repair and operations, infrastructure and power and
specialty construction sectors. With more than 600 locations across 46 states
and nine Canadian provinces, the company’s approximately 15,000 associates
provide localized, customer-driven services including jobsite delivery, will
call or direct-ship options, diversified logistics and innovative solutions
that contribute to its customers’ success.

Forward-Looking Statements

This press release includes “forward-looking statements,” including with
respect to the proposed initial public offering and the Company’s proposed use
of proceeds, within the meaning of Section 27A of the Securities Act and
Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements are subject to known and unknown risks and
uncertainties, many of which may be beyond our control. We caution you that
the forward-looking information presented in this press release is not a
guarantee of future events, and that actual events may differ materially from
those made in or suggested by the forward-looking information contained in
this press release. In addition, forward-looking statements generally can be
identified by the use of forward-looking terminology such as “may,” “plan,”
“seek,” “comfortable with,” “will,” “expect,” “intend,” “estimate,”
“anticipate,” “believe” or “continue” or the negative thereof or variations
thereon or similar terminology. Any forward-looking information presented
herein is made only as of the date of this press release, and we do not
undertake any obligation to update or revise any forward-looking information
to reflect changes in assumptions, the occurrence of unanticipated events, or
otherwise.

A registration statement relating to these securities has been filed with the
Securities and Exchange Commission but has not yet become effective. These
securities may not be sold nor may offers to buy be accepted prior to the time
the registration statement becomes effective. This communication shall not
constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of these securities in any state in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state.

Contact:

HD Supply
Public Relations:
Quiana Pinckney, 770-852-9057
Quiana.Pinckney@hdsupply.com
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