DEBT (Tables)

3 Months Ended

Apr. 29, 2018

DEBT

Schedule of long-term debt

HDS’s long-term debt as of April 29, 2018 and January 28, 2018 consisted of the following (dollars in millions):

	April 29, 2018				January 28, 2018
	Outstanding Principal			Interest Rate %(1)	Outstanding Principal			Interest Rate %(1)
Senior ABL Facility due 2022	$	52		2.91	$	58		2.86
Term B-3 Loans due 2021	533			4.55	534			3.94
Term B-4 Loans due 2023	543			4.80	544			4.19
April 2016 Senior Unsecured Notes due 2024	1,000			5.75	1,000			5.75
Total gross long-term debt	$	2,128			$	2,136
Less unamortized discount	(6		)		(6		)
Less unamortized deferred financing costs	(24		)		(29		)
Total net long-term debt	$	2,098			$	2,101
Less current installments	(11		)		(11		)
Total net long-term debt, excluding current installments	$	2,087			$	2,090

(1) Represents the stated rate of interest, without including the effect of discounts or premiums.

5.75% April 2016 Senior Unsecured Notes due 2024

DEBT

Schedule of notes redemption

Year	Percentage
2019	104.313	%
2020	102.875	%
2021	101.438	%
2022 and thereafter	100.000	%