HD Supply Holdings filed for an initial public offering of $1 billion, according to the U.S. Securities and Exchange Commission.

The company expects to use the proceeds from the proposed offering to repay debt and for general corporate purposes. 

Bank of America Merrill Lynch (BAC), Barclays (BCS), JPMorgan Securities (JPM) and Credit Suisse Securities (CS) are lead book-running managers for the offering. 

Additional book-running managers are Citigroup (C), Deutsche Bank Securities (DB), Goldman Sachs (GS), Morgan Stanley (MS), UBS Investment Bank (UBS), and Wells Fargo Securities (WFC).