Fitch Rates Staples' New Credit Facilities 'BBB-/RR1'

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BBB-/RR1' rating to Staples, Inc.'s new credit facilities, composed of a $3 billion five-year asset based lending (ABL) revolver and a $2.75 billion six-year secured term loan. Fitch currently rates Staples' Long-term Issuer Default Rating (IDR) 'BBB-' and its Short-term IDR 'F3'. As of Jan. 31, 2015, Staples had $1.1 billion of debt outstanding. A full list of ratings follows at the end of this release. Staples' ratings are maintained on

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