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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 12, 1995
Staples, Inc.
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(Exact name of registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation)
0-17586 04-2896127
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(Commission File Number) (IRS Employer Identification No.)
100 Pennsylvania Avenue, Framingham, Massachusetts 01701-9328
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (508) 370-8500
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This is Page 1 of 5 pages
Exhibit Index is on Page 4
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Item 5. Other Events
On September 12, 1995, Staples, Inc. (the "Company") issued a press
release entitled "Staples, Inc. Announces $265 Million Convertible Debenture
Offering", reporting a proposed offering of a new issue of $265 million of
4 1/2% Convertible Subordinated Debentures due 2000, a copy of which is
attached hereto as an exhibit and incorporated herein by reference.
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SIGNATURES
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.
STAPLES, INC.
Dated: September 14, 1995 By: /s/ Peter M. Schwarzenbach
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Peter M. Schwarzenbach
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EXHIBIT INDEX
Exhibit No. Description Page No.
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99 Press Release issued September 12, 1995
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EXHIBIT 99
Staples, Inc.
100 Pennsylvania Avenue P.O. Box 9328 Framingham, MA 01701-9328 (508) 370-8500
For Immediate Release Contact: John B. Wilson
September 12, 1995 EVP and CFO
(508) 370-8967
Samuel J. Levenson, CPA
Director of Investor Relations
(508) 370-7963
[email protected]
STAPLES, INC. ANNOUNCES $265 MILLION CONVERTIBLE DEBENTURE OFFERING
FRAMINGHAM, MA, September 12, 1995 -- Staples, Inc. (NASDAQ:SPLS)
announced today that it proposes to offer a new issue of $265 million of 4 1/2%
Convertible Subordinated Debentures due 2000 (the "Debentures").
Such Debentures will be convertible into Staples common stock, at the
option of the holder, at a conversion price of $33.00 per share. The Company
may also issue up to an additional $35 million of Debentures to cover
over-allotments made in connection with such offering.
The company intends to use the proceeds from the sale of the Debentures
to repay outstanding amounts under its revolving credit agreement and for other
general corporate purposes, including the financing of new store openings.
Neither the Debentures nor the Common Stock issuable upon the conversion
thereof will be registered under the Securities Act of 1933 and may not be
offered or sold in the United States except pursuant to an applicable exemption
from the Securities Act registration requirements.
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This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the Debentures. This press release is being
issued pursuant to and in accordance with Rule 135c under the Securities Act.
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