COMDISCO, INC.
(A DELAWARE CORPORATION)
SENIOR DEBT SECURITIES
January 21, 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: 6% Notes Due January 30, 2002
Principal amount to be issued: $350,000,000
Current ratings: Xxxxx'x Investors Service, Inc.: Baa1
Standard & Poor's: BBB+
Duff & Phelp Credit Rating Co.: BBB+
Interest rate: 6%
Interest Payment Dates: January 30 and July 30 of each year, commencing
July 30, 1999
Date of Maturity: January 30, 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: 99.749 % plus accrued interest, if any, from
January 26, 1998
Underwriting Discount: .400%
Closing Date and location: January 26, 1998 in offices of XxXxxxx
Xxxxx & Coles, 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
------------ ------
Salomon Brothers Inc. $175,000,000
Bear, Xxxxxxx & Co. Inc. $ 35,000,000
Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated $ 35,000,000
NationsBanc Xxxxxxxxxx Securities LLC $ 35,000,000
Warburg Dillon Read LLC $ 35,000,000
Barclays Capital Inc. $ 17,500,000
Credit Lyonnais Securities (USA) Inc. $ 17,500,000
------------
TOTAL $350,000,000
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[SIGNATURE PAGE FOR JANUARY 21, 1999 TERMS AGREEMENT]
XXXXXXX XXXXX XXXXXX INC. NATIONSBANC XXXXXXXXXX
SECURITIES LLC
By: /s/ Xxxxxxx X. Xxxxxxx By: /s/ Xxxx X. XxXxxxxxx
---------------------- ---------------------
Its: Authorized Signatory Its: Authorized Signatory
BEAR, XXXXXXX & CO. INC. WARBURG DILLON READ LLC
By: /s/ Xxx X'Xxxxx By: /s/ Xxxxxxx Xxxxx Xxxxxxxx
--------------- --------------------------
Its: Authorized Signatory Its: Authorized Signatory
XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX BARCLAYS CAPITAL INC.
INCORPORATED
By: /s/ Xxxxxx X. Xxxx By: /s/ Xxxxxxxxx Xxxxxxx
------------------ ---------------------
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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