NEW YORK (Standard&Poor's) Aug. 28, 2007--Standard&Poor's Ratings Services said today that Home Depot Inc.'s (BBB+/Stable/A-2) announced revised HD Supply sale terms have no immediate impact on the company's ratings. Home Depot announced that it had revised the sale terms of HD Supply to a consortium of private equity investors, including Clayton, Dubilier&Rice, the Carlyle Group, and Bain Capital. The price was lowered by $1.8 billion to $8.5 billion; net proceeds are expected to be about $7.9 billion. Home Depot will also guarantee $1 billion of senior secured loans of HD Supply, which we will count as debt for Home Depot. This transaction is scheduled to close Aug. 30, 2007. Home Depot has already committed
