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The Home Depot amends agreement for sale of HD Supply

The Home Depot, the Atlanta-based home improvement retailer, announced that it has amended the purchase and sale agreement for HD Supply to an acquisition corporation formed by affiliates of Bain Capital Partners, The Carlyle Group and Clayton, Dubilier & Rice.

The terms of the purchase and sale agreement were amended as follows:
-- Purchase price of $8.5 billion;
-- The Home Depot to purchase a 12.5% equity interest for $325 million;
-- The Home Depot to guarantee a $1 billion senior secured loan of HD Supply.



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