Office Depot Announces New Credit Facility

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    Office Depot Announces New Credit Facility

    (PR-inside.com) http://www.officedepot.com - Office Depot, Inc. (NYSE:ODP), a leading global provider of office products and services, announced today that it has entered into a new $1.25 billion asset-based credit facility. The facility will be secured by the Company's inventory, accounts receivable, cash and depository accounts, and will replace the current $1.0 billion revolving credit agreement. For further information, please refer to an 8-K filed by Office Depot with the Securities and Exchange Commission today. Office Depot has a quiet period policy from its quarter end until earnings are released, during which it cannot have discussions with the investment community. ..

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