Monday 26. May 2008
Staples, Inc. Commences Cash Tender Offer for Corporate Express U.S. Finance Inc.’s Senior Subordinated Notes Due 2014 and 2015
Staples, Inc. (Nasdaq: SPLS) and its wholly owned subsidiary, Staples Acquisition B.V., today announced that Staples Acquisition B.V. has commenced a cash tender offer to purchase all of Corporate Express U.S. Finance Inc.’s (formerly known as Buhrmann U.S. Inc.) outstanding 8.25 percent Senior Subordinated Notes due July 1, 2014 (the “2014 Notes”) and 7.875 percent Senior Subordinated Notes due March 1, 2015 (the “2015 Notes”), on the terms and subject to the conditions set forth in its Offer to Purchase and Consent Solicitation Statement, dated May 22, 2008 and the related Consent and Letter of Transmittal.