Tonernews.com, November 10, 2010. USA
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http://www.reuters.com/article/idUSN0422445020101104
BANK OF AMERICA RAISES LOAN TO STAPLES INC TO $1Bln
Nov
2010- Office supplies retailer Staples Inc (SPLS.O) said it has entered
into a new credit agreement that will allow it to borrow as much as $1
billion.The new agreement replaces an old one which limited Staples to
borrowing $750 million and under which Staples had no loans outstanding
as of Thursday.
The new credit line can be raised to $1.5 billion if
its lenders, led by Bank of America , agree, Staples said in a filing
with the U.S. Securities and Exchange Commission.
http://www.reuters.com/article/idUSN0422445020101104
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