Monday December 21, 6:00 pm Eastern Time
Company Press Release
SOURCE: Corporate Express, Inc.
Corporate Express Subsidiary Completes Exchange Offer for 9 5/8% Senior Subordinated Notes Due 2008
BROOMFIELD, Colo., Dec. 21 /PRNewswire/ -- Corporate Express, Inc. (Nasdaq: CEXP - news), a leading supplier of goods and services to corporations that value innovative procurement solutions, today announced that CEX Holdings, Inc., its wholly-owned subsidiary, has accepted for exchange $350,000,000 principal amount of its 9 5/8% Series A Senior Subordinated Notes due 2008 for a like principal amount of its 9 5/8% Series B Senior Subordinated Notes due 2008. The exchange offer expired on December 15, 1998.
Corporate Express operates in more than 600 worldwide locations, including more than 90 distribution centers, utilizes a fleet of more than 10,000 delivery vehicles, and employs more than 25,000 people in the United States, Canada, the United Kingdom, Ireland, Germany, Switzerland, France, Italy, Australia, and New Zealand.
SOURCE: Corporate Express, Inc. |