Office Depot Streamlines Capital Structure by Refinancing Existing Credit Facility and Repaying Term Loan - Seite 2

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FORWARD LOOKING STATEMENTS

Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters, including, without limitation, statements regarding the company’s financial strength and liquidity position for the duration of the current global health crisis and the magnitude of expected savings as a result of refinancing the existing credit facility and repayment of the term loan. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of the Company and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise, except as may be required by law. These forward-looking statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. Risks and uncertainties that could affect the forward-looking statements set forth in this press release include, but are not limited to operational challenges in achieving the Company’s transformation efforts and executing on the company's plans, near- and long-term impacts of the COVID-19 virus outbreak including the impact of the associated economic slowdown, and the factors generally affecting the business, operations, and financial condition of the Company, including the information contained in the Company’s Annual Report on Form 10-K for the year ended December 28, 2019, subsequent Quarterly Reports on Form 10-Q, and other reports and filings with the SEC.