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Staples, Inc. Announces Make Whole Redemption of Its Outstanding 4.375% Senior Notes Due 2023

Category:

Monday, October 16, 2017 4:52 pm EDT

Dateline:

FRAMINGHAM, Mass.

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (“Staples” or the “Company”) today announced that it issued a notice of redemption on October 11, 2017 to redeem all of the $226,622,000 outstanding aggregate principal amount of its 4.375% Senior Notes due January 12, 2023 (the “Notes”). The Notes will be redeemed on November 10, 2017 (the “Redemption Date”) at a price equal to par plus a make whole premium, plus accrued and unpaid interest to the Redemption Date, in accordance with the terms of the Notes.

This news release is for information purposes only and is neither an offer to buy nor a solicitation to sell any of the Notes.

About Staples, Inc.
Staples brings technology and people together in innovative ways to consistently deliver products, services and expertise that elevate and delight customers. Staples is in business with businesses and is passionate about empowering people to become true professionals at work. Headquartered outside of Boston, Mass., Staples, Inc. operates primarily in North America. More information about Staples is available at www.staples.com.

Contact:

Staples, Inc.
Scott Michel, 508-253-4272
scott.michel@staples.com

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