Recently, Office Depot Inc. (NYSE:ODP) came up with a private offering of $250 million senior secured notes due 2019. The proceeds of the same will be used for the redemption of its outstanding 6.25% Senior Notes due 2013.
According to the company, the offering will be made to the qualified institutional buyers and will have the guarantee of Office Depot’s existing and future domestic subsidiaries.
Last Tuesday, Moody’s Investors Service, a division of Moody’s Corporation (NYSE:MCO), raised its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards