COMDISCO, INC.
(A Delaware Corporation)
SENIOR DEBT SECURITIES
August 26, 1999
TERMS AGREEMENT
To: COMDISCO, INC.
0000 Xxxxx Xxxxx Xxxx
Xxxxxxxx, Xxxxxxxx 00000
Re: Underwriting Agreement dated January 21, 1999
Senior Debt Securities
----------------------
Title of Senior Debt Securities: 7 1/4% Notes Due September 1, 2002
Principal amount to be issued: $300,000,000
Current ratings: Xxxxx'x Investors Service, Inc.: Baa1
Standard & Poor's: BBB+
Duff & Xxxxxx Credit Rating Co.: A-
Interest rate: 7 1/4%
Interest Payment Dates: September 1 and March 1 of each year,
commencing March 1, 2000
Date of Maturity: September 1, 2002
Form and Denomination: Fully registered in denominations of $1,000
and integral multiples thereof.
Redemption provisions: None
Sinking Fund requirements: None
Delayed Delivery Contracts: Not authorized
Public offering price: 99.756% plus accrued interest, if any, from
September 1, 1999
Underwriting Discount: .40%
Closing Date and location: September 1, 1999 in offices of XxXxxxx
Xxxxx & Xxxxx, 000 Xxxx Xxxxxxx Xxxxxx,
00xx Xxxxx, Xxxxxxx, Xxxxxxxx 00000
Rating Agencies applicable Xxxxx'x Investors Service, Inc.,
to Sections 4 and 9 of Standard & Poor's
the Underwriting Agreement: and Duff & Xxxxxx Credit Rating Co.
Payment for the Securities shall be made to the Company in same day funds
payable to the order of the Company against acknowledgment of satisfactory
notation of the Underwriter's interest in the Global Notes representing the
Securities by the Underwriters.
Each Underwriter severally agrees, subject to the terms and provisions of the
above referenced Underwriting Agreement, which is incorporated herein in its
entirety and made a part hereof, to purchase the principal amount of Securities
set forth opposite its name.
Principal
Underwriter Amount
----------- ------
Xxxxxxx Xxxxx Barney Inc. $150,000,000
Bear, Xxxxxxx & Co. Inc. $ 30,000,000
Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated $ 30,000,000
Banc of America Securities LLC $ 30,000,000
Warburg Dillon Read LLC $ 30,000,000
Barclays Capital Inc. $ 15,000,000
Credit Lyonnais Securities (USA) Inc. $ 15,000,000
------------
TOTAL $300,000,000
============
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[SIGNATURE PAGE FOR AUGUST 26, 1999 TERMS AGREEMENT]
XXXXXXX XXXXX XXXXXX INC. BANC OF AMERICA
SECURITIES LLC
By: /s/ Xxxxxxx X. Xxxxxxx By: /s/ Xxxxxx X. XxXxxxxx
_________________________________ _______________________________
Its: Authorized Signatory Its: Authorized Signatory
BEAR, XXXXXXX & CO. INC. WARBURG DILLON READ LLC
By: /s/ Jacques de Saint Phalle By: /s/ Xxxxx X. Xxxxx
_________________________________ _______________________________
Its: Authorized Signatory Its: Authorized Signatory
XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX BARCLAYS CAPITAL INC.
INCORPORATED
By: /s/ Xxxxxx X. Xxxxx By: /s/ Xxxxxxxxx Sahder
_________________________________ _______________________________
Its: Authorized Signatory Its: Authorized Signatory
CREDIT LYONNAIS SECURITIES (USA) INC.
By: /s/ Xxxxx X. Xxxxxx
______________________________
Its: Authorized Signatory
Accepted:
COMDISCO, INC.
By: /s/ Xxxxxx X. Xxxxxxxx
_________________________________
Its: Authorized Signatory
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