The ODP Corporation Renews and Extends Existing Asset-Based Credit Facility
The ODP Corporation (ODP)
Last the odp corporation earnings: 2/26 06:50 am
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Source: Business Wire
$800 Million Facility Strengthens Financial Position By Providing More Attractive Credit Terms & Flexibility Preserving Strong Liquidity PositionExtends Facility Maturity Date to May 2029 BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (NASDAQ:ODP) (“ODP,” or the “Company”), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, today announced that it has amended and extended its existing asset-based credit facility. The amendment extends the maturity date to May 2029. The renewed $800 million facility includes certain more attractive credit terms and conditions, enhancing the company’s balance sheet and liquidity position to support future growth.“The extension of our credit facility is a validation of our strong financial position and business model,” said Gerry Smith, chief executive officer of The ODP Corporation. “I want to thank our syndicate members for their strong support of our business and to our
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ODP
Earnings
- 5/8/24 - Miss
ODP
Analyst Actions
- 2/29/24 - TheStreet
ODP
Sec Filings
- 5/9/24 - Form 8-K
- 5/8/24 - Form 10-Q
- 5/8/24 - Form 8-K
- ODP's page on the SEC website