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This excerpt taken from the SPLS 8-K filed Mar 31, 2009. Item 8.01. Other Events.
On March 27, 2009, Staples, Inc. (Staples) issued $500 million aggregate principal amount of 7.750% senior notes due 2011 (the Notes), in a public offering pursuant to a registration statement on Form S-3 (File No. 333-155855) filed with the Securities and Exchange Commission. The sale of the Notes was made pursuant to the terms of an underwriting agreement (the Underwriting Agreement), dated March 24, 2009 with Barclays Capital Inc., Banc of America Securities LLC and HSBC Securities (USA) Inc., as representatives of the several underwriters named in the Underwriting Agreement. Staples received net proceeds, after underwriting fees and estimated expenses, of approximately $497.5 million.
The Notes were issued under an Indenture dated as of January 15, 2009 (the Indenture) among Staples, the Subsidiary Guarantors (as defined below) and HSBC Bank USA, National Association, as trustee.
Staples obligations under the Notes and the Indenture are unconditionally guaranteed on an unsecured unsubordinated basis by Staples the Office Superstore, LLC, Staples the Office Superstore East, Inc., Staples Contract & Commercial, Inc. and Staples the Office Superstore, Limited Partnership (collectively, the Subsidiary Guarantors).
The Underwriting Agreement and the Indenture have been previously filed. The form of Note is filed as Exhibit 4.1 hereto.
In connection with the receipt of proceeds from the offering of the Notes described above, the total commitment amount under Staples existing Credit Agreement, dated April 1, 2008 (the Credit Agreement), was reduced from $1,261 million to $761 million. As a result of the change, availability under Staples commercial paper program was reduced from $2.0 billion to approximately $1.5 billion. The commercial paper program is backstopped by the Credit Agreement and Staples existing $750 million revolving credit facility entered into in October 2006.
This excerpt taken from the SPLS 8-K filed Mar 26, 2009. Item 8.01. Other Events.
On March 24, 2009, Staples and the Subsidiary Guarantors (as defined below) entered into an underwriting agreement (the Underwriting Agreement) with Barclays Capital Inc., Banc of America Securities LLC and HSBC Securities (USA) Inc., as representatives of the several underwriters named in the Underwriting Agreement, for the sale by Staples of $500 million aggregate principal amount of 7.750% senior notes due 2011, in a public offering pursuant to a registration statement on Form S-3 (File No. 333-155855) and a related preliminary prospectus supplement and prospectus supplement filed with the Securities and Exchange Commission.
Staples expects to receive net proceeds, after underwriting fees and estimated expenses, of approximately $497.5 million. The offering of the senior notes is expected to close on March 27, 2009, subject to customary closing conditions.
The senior notes will be issued pursuant to an indenture dated as of January 15, 2009 (the Indenture) among Staples, the Subsidiary Guarantors and HSBC Bank USA, National Association, as trustee.
Staples obligations under the senior notes and the Indenture will be unconditionally guaranteed on an unsecured unsubordinated basis by Staples the Office Superstore, LLC, Staples the Office Superstore East, Inc., Staples Contract & Commercial, Inc. and Staples the Office Superstore, Limited Partnership (collectively, the Subsidiary Guarantors).
The above description of the Underwriting Agreement and the Indenture is qualified in its entirety by reference to the Underwriting Agreement and the Indenture. The Indenture has been previously filed, and the Underwriting Agreement is filed as Exhibit 1.1 hereto. The Indenture and the Underwriting Agreement are incorporated herein by reference.
Wilmer Cutler Pickering Hale and Dorr LLP, counsel to Staples, has issued an opinion to Staples, dated March 26, 2009, regarding the legality of the senior notes and the guarantees upon issuance thereof. A copy of the opinion as to legality is filed as Exhibit 5.1 hereto.
This excerpt taken from the SPLS 8-K filed Mar 24, 2009. Item 8.01 Other Events
As previously reported, Staples, Inc. (Staples) acquired Corporate Express N.V. (Corporate Express), a Dutch office products distributor with operations in North America, Europe and Australia, through a tender offer for all of its outstanding capital stock. Staples previously filed:
i. A Form 8-K/A on September 3, 2008, which amended the Form 8-K filed on July 2, 2008, to include historical and pro forma financial information with respect to Staples and Corporate Express, including an unaudited pro forma condensed combined statement of income for the fiscal year ended February 2, 2008 and for the six months ended August 2, 2008. ii. A Form 8-K/A on December 2, 2008, which amended the Form 8-K/A filed on September 3, 2008, to include pro forma financial information with respect to Staples and Corporate Express, including an unaudited pro forma condensed combined statement of income for the nine months ended November 1, 2008.
Staples is filing this Form 8-K/A to update the pro forma financial information with respect to the acquisition of Corporate Express by providing a pro forma condensed combined statement of income for the fiscal year ended January 31, 2009, illustrating the effects of the Corporate Express acquisition as if it had been consummated as of the beginning of the fiscal year.
In accordance with Rule 11-02(c)(1) of Regulation S-X of the Securities Exchange Act of 1934, as amended, a pro forma balance sheet has not been prepared to give effect to the acquisition of Corporate Express as of January 31, 2009, as it is reflected in the combined balance sheet presented in Staples annual report on Form 10-K for the fiscal year ended January 31, 2009, which was filed on March 11, 2009.
This excerpt taken from the SPLS 8-K filed Jan 21, 2009. Item 8.01. Other Events.
On January 15, 2009, Staples issued $1.5 billion aggregate principal amount of 9.750% senior notes due 2014 (the Notes), in a public offering pursuant to a registration statement on Form S-3 (File No. 333-155855) filed with the Securities and Exchange Commission. The sale of the Notes was made pursuant to the terms of an underwriting agreement (the Underwriting Agreement), dated January 12, 2009 with Barclays Capital Inc., Banc of America Securities LLC and HSBC Securities (USA) Inc., as representatives of the several underwriters named in the Underwriting Agreement. Staples received net proceeds, after the underwriting discount and estimated fees and expenses, of $1.489 billion.
The Notes were issued under an Indenture dated as of January 15, 2009 (the Indenture) among Staples, the Subsidiary Guarantors (as defined below) and HSBC Bank USA, National Association, as trustee.
Staples obligations under the Notes and the Indenture are unconditionally guaranteed on an unsecured unsubordinated basis by Staples the Office Superstore, LLC, Staples the Office Superstore East, Inc., Staples Contract & Commercial, Inc. and Staples the Office Superstore, Limited Partnership.
The Underwriting Agreement has been previously filed. The Indenture and form of Note are filed as exhibits hereto.
This excerpt taken from the SPLS 8-K filed Jan 14, 2009. Item 8.01. Other Events.
On January 12, 2009, Staples, Inc. (Staples) and the Subsidiary Guarantors (as defined below) entered into an underwriting agreement (the Underwriting Agreement) with Barclays Capital Inc., Banc of America Securities LLC and HSBC Securities (USA) Inc., as representatives of the several underwriters named in the Underwriting Agreement, for the sale by Staples of $1.5 billion aggregate principal amount of 9.750% senior notes due 2014, in a public offering pursuant to a registration statement on Form S-3 (File No. 333-155855) and a related preliminary prospectus supplement and prospectus supplement filed with the Securities and Exchange Commission.
Staples expects to receive net proceeds, after the underwriting discount, of approximately $1.491 billion. The offering of the senior notes is expected to close on January 15, 2009, subject to customary closing conditions.
The senior notes will be issued pursuant to an indenture to be dated on or about January 15, 2009 (the Indenture) among Staples, the Subsidiary Guarantors and HSBC Bank USA, National Association, as trustee.
Staples obligations under the senior notes and the Indenture will be unconditionally guaranteed on an unsecured unsubordinated basis by Staples the Office Superstore, LLC, Staples the Office Superstore East, Inc., Staples Contract & Commercial, Inc. and Staples the Office Superstore, Limited Partnership (collectively, the Subsidiary Guarantors).
The above description of the Underwriting Agreement and the Indenture is qualified in its entirety by reference to the Underwriting Agreement and the form of Indenture. The form of Indenture has been previously filed, and the Underwriting Agreement is filed as an exhibit hereto. The form of Indenture and the Underwriting Agreement are incorporated herein by reference.
Wilmer Cutler Pickering Hale and Dorr LLP, counsel to Staples, has issued an opinion to Staples, dated January 14, 2009, regarding the legality of the senior notes and the guarantees upon issuance thereof. A copy of the opinion as to legality is filed as Exhibit 5.1 hereto.
This excerpt taken from the SPLS 8-K filed Dec 2, 2008. Item 8.01 Other Events
In July 2008, Staples, Inc. (Staples) acquired Corporate Express N.V. (Corporate Express), a Dutch office products distributor with operations in North America, Europe and Australia, through a tender offer for all of its outstanding capital stock.
Staples is filing this Form 8-K to supplement Item 9.01(a) of the Current Report on Form 8-K/A filed on September 3, 2008 to include unaudited condensed consolidated financial statements of Corporate Express as of June 30, 2008 and December 31, 2007 and for the six months ended June 30, 2008 and 2007. These condensed consolidated financial statements are being filed as more than nine months have passed since the end of Corporate Express last audited financial year, December 31, 2007.
This excerpt taken from the SPLS 8-K filed Dec 2, 2008. Item 8.01 Other Events
As previously reported, Staples, Inc. (Staples) acquired Corporate Express N.V. (Corporate Express), a Dutch office products distributor with operations in North America, Europe and Australia, through a tender offer for all of its outstanding capital stock. Staples previously filed on Form 8-K on July 2, 2008, as amended by Form 8-K/A filed September 3, 2008, historical and pro forma financial information with respect to Staples and Corporate Express, including an unaudited pro forma condensed combined statement of operations for the fiscal year ended February 2, 2008, and for the six months ended August 2, 2008. Staples is filing this Form 8-K/A to update the pro forma financial information with respect to the acquisition of Corporate Express by providing a pro forma condensed combined statement of operations for the nine months ended November 1, 2008, illustrating the effects of the Corporate Express acquisition as if it had been consummated as of the beginning of the fiscal year.
In accordance with Rule 11-02(c)(1) of Regulation S-X of the Securities Exchange Act of 1934, as amended, a pro forma balance sheet has not been prepared to give effect to the acquisition of Corporate Express as of November 1, 2008, as it is reflected in the condensed combined balance sheet presented in Staples quarterly report on Form 10-Q for the nine months ended November 1, 2008, which was filed on December 2, 2008.
This excerpt taken from the SPLS 8-K filed Sep 30, 2008. Item 8.01 Other Events.
J.P. Morgan Securities Inc. has been added as a dealer under Staples commercial paper program (the Program) pursuant to a Commercial Paper Dealer Agreement, dated as of September 19, 2008. LaSalle Bank continues to act as issuing and paying agent under the Program. The creation of the Program was previously reported in Staples Current Report on Form 8-K filed June 13, 2008 (the Program 8-K). As described in the Program 8-K, Staples may issue up to $3 billion of notes under the Program, which is backstopped by the 2008 Agreement, with maturities of the notes issued under the Program varying but not exceeding 397 days from the date of issue. The notes bear such interest rates, if interest bearing, or will be sold at such discount from their face amounts as shall be agreed upon from time to time by the dealers under the Program and Staples. Amounts available under the Program may be borrowed, repaid and reborrowed from time to time, with the aggregate principal amount outstanding under the Program not to exceed the maximum aggregate amount.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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