Presidio Announces $800 Million Notes Offering

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Jan 10, 2020
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NEW YORK, Jan. 10, 2020 (GLOBE NEWSWIRE) -- Presidio, Inc. (together with its subsidiaries, “Presidio,” the “Company,” “our” or “we”), a leading North American IT solutions provider delivering Digital Infrastructure, Cloud and Security solutions to create agile, secure infrastructure platforms for its customers, announced today that its wholly-owned subsidiary, Presidio Holdings Inc. (“Presidio Holdings”), intends to offer, subject to market and other conditions, $400.0 million in aggregate principal amount of new senior secured notes due 2027 (the “Secured Notes”) and $400.0 million in aggregate principal amount of new senior notes due 2028 (the “Unsecured Notes” and together with the Secured Notes, the “Notes”) in a private offering. The Secured Notes will be senior secured obligations of Presidio Holdings and will be guaranteed by certain of its domestic subsidiaries. The Unsecured Notes will be senior unsecured obligations of Presidio Holdings and will be guaranteed by certain of its domestic subsidiaries.