If the tender offer is completed as planned, Staples expects to record a pre-tax charge of approximately $69 million during the fourth fiscal quarter of 2012 for the extinguishment of the related debt. The estimated charge assumes current market pricing and that $750 million of the Notes are tendered. The final charge will vary to the extent that the pricing and amount of Notes tendered differs from Staples’ original assumptions.Barclays Capital Inc. and BofA Merrill Lynch are acting as dealer managers for the tender offer. The information agent and tender agent is D.F. King and Co., Inc. Copies of the Offer to Purchase, Letter of Transmittal and related tender offer materials are available by contacting D.F. King & Co., Inc. at (800) 431-9643 (toll-free) or (212) 269-5550 (collect). Questions regarding the tender offer should be directed to Barclays Capital, Inc. at (800) 438-3242 (toll-free) or (212) 528-7581 (collect) or BofA Merrill Lynch at (888) 292-0070 (toll-free) or (980) 387-3907 (collect).
Staples, Inc. Announces Tender Offer For Up To $750 Million Of Its 9.750% Senior Notes Due 2014
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