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Home Depot Lowering Price of HD Supply Sale

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In a major sign of the repricing that's occurring in the debt markets, Home Depot said it is negotiating with Bain Capital, Carlyle Group and Clayton, Dubilier & Rice to restructure the previously announced sale of its HD Supply unit, which could lead to a reduction in the $10.3 billion sale price.

In its release, it explicitly mentioned possibly changing the terms of the financing.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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