Office Depot, Inc.’s $500 Million Credit Facility Repricing


Cahill represented the lead arrangers in connection with a repricing of Office Depot, Inc.’s existing Term B credit facility, a portion of which was simultaneously repaid resulting in $500,000,000 aggregate principal amount remaining outstanding.

Goldman Sachs Lending Partners LLC acted as administrative agent and collateral agent on the transaction.

Office Depot, Inc. (NASDAQ:ODP) is a leading provider of business services and supplies, products and technology solutions through its fully integrated omni-channel platform of approximately 1,400 stores, online presence, and dedicated sales professionals and technicians to small, medium and enterprise businesses.

Cahill advised with a team including Timothy B. Howell (Picture), Jon-Michael Giannuzzi, Andrew H. E. Lyon, Kristopher S. Villarreal and Zhe Yang

Involved fees earner: Jon-Michael Giannuzzi – Cahill Gordon & Reindel; Timothy Howell – Cahill Gordon & Reindel; Andrew Lyon – Cahill Gordon & Reindel; Kristopher Villarreal – Cahill Gordon & Reindel; Zhe Yang – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Goldman, Sachs Lending Partners LLC;

Author: Ambrogio Visconti