HD Supply IPO planned to raise $1.33 billion

HD Supply, Atlanta, launched its initial public offering, with hopes of raising as much as $1.33 billion by offering 53.2 million shares at $22 to $25 each.

HD Supply, Atlanta, launched its initial public offering, with hopes of raising as much as $1.33 billion by offering 53.2 million shares at $22 to $25 each. The offering places the company's value at $4.59 billion if it reaches the top end of its intended range.

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Doug Chandler, Senior Staff Writer

Executive Editor

Doug Chandler began writing about the electrical industry in 1992, and still finds there's never a shortage of stories to be told. So he spends his days finding them and telling them. Educationally, he's a Jayhawk with an English degree. Outside of work, he can often be found banging drums or harvesting tomatoes.