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Staples, Inc.: Covenant Quality Post-Sale Snapshot: $2,375m 10.750% Se...

Staples, Inc.'s covenant package provides upper-tier moderate protection, reflecting a CQ score of 2.73.

Staples, Inc.: Update following change in outlook to stable

Our credit view of Staples reflects its improving profitability, adequate liquidity following its refinancing and low interest coverage.

Moody's Ratings changes Staples' outlook to stable; affirms B3 CFR

Moody's Ratings (Moody's) today changed the outlook for Staples, Inc. ("Staples") to stable from negative and affirmed its B3 corporate family rating (CFR) and B3-PD probability of default rating (PDR). Moody's also affirmed the B3 ratings of its existing backed senior secured first lien term loans ...

Staples, Inc.: Update following change in outlook to negative

Our credit view of this issuer reflects its adequate liquidity, against its high refinancing risk and its high leverage and low interest coverage.

Moody's changes Staples' outlook to negative; affirms B3 CFR

Moody's Investors Service (Moody's) today changed the outlook for Staples, Inc. ("Staples") to negative from stable and affirmed all its ratings including its B3 corporate family rating (CFR), B3-PD probability of default rating (PDR), B3 ratings of its backed senior secured first lien term loans an...

Staples, Inc.: Update to credit analysis

Our credit view of Staples reflects its weak credit metrics as well as its good liquidity and established supply chain and distribution capabilities.

Moody's announces completion of a periodic review of ratings of Staple...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Staples, Inc.. Global Credit Research- 17 Feb 2022. New York, February 17, 2022-- Moody's Investors Service has completed a periodic review of the ratings of Staples, Inc. and other ratings that are associated with the same analytical unit.

Staples, Inc.: Update to credit analysis following downgrade to B3

Our credit view of Staples reflects its weak credit metrics offset by its good liquidity.

Moody's downgrades Staples CFR to B3; outlook stable

Rating Action: Moody's downgrades Staples CFR to B3; outlook stable. Global Credit Research- 09 Feb 2022. New York, February 09, 2022-- Moody's Investors Service today downgraded Staples, Inc.' s corporate family rating and probability of default rating to B3 and B3-PD from B2 and B2-PD respectively.

Staples, Inc.: Update to credit analysis following downgrade to B2

Our view of the credit profile of Staples, Inc., which includes its weak credit metrics, favorable market position driven by its “sticky” corporate customer relationships, and good liquidity

Moody's downgrades Staples ratings; CFR to B2; outlook negative

Rating Action: Moody's downgrades Staples ratings; CFR to B2; outlook negative. Global Credit Research- 30 Apr 2021. New York, April 30, 2021-- Moody's Investors Service, today downgraded the ratings of Staples, Inc., including the corporate family rating, which was downgraded to B2.

Moody's announces completion of a periodic review of ratings of Staple...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Staples, Inc.. Global Credit Research- 13 Apr 2021. New York, April 13, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Staples, Inc. and other ratings that are associated with the same analytical unit.

Moody's announces completion of a periodic review of ratings of Staple...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Staples, Inc.. Global Credit Research- 14 May 2020. New York, May 14, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Staples, Inc. and other ratings that are associated with the same analytical unit.

Staples, Inc.: Update to credit analysis following negative outlook

Staples (B1 negative) credit profile considers the scale of its delivery-only B2B business, and supply chain capabilities offset by weakness in demand for core office products.

Staples, Inc.: Update to credit analysis following negative outlook

Staples (B1 negative) credit profile considers the scale of its delivery-only B2B business, and supply chain capabilities offset by weakness in demand for core office products.

Moody's revises Staples' outlook to negative; affirms B1 CFR

Rating Action: Moody's revises Staples' outlook to negative; affirms B1 CFR. Global Credit Research- 07 Apr 2020. New York, April 07, 2020-- Moody's Investors Service, affirmed Staples, Inc.' s B1 corporate family rating, its B1-PD probability of default rating, B1 senior secured rating and B3 senior unsecured rating.

Staples, Inc.: Update to credit rationale

Staples (B1 stable) credit profile considers the scale of its delivery-only B2B business, and supply chain capabilities offset by weakness in demand for core office products.

Moody's announces completion of a periodic review of ratings of Staple...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Staples, Inc.. Global Credit Research- 14 Jun 2019. New York, June 14, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Staples, Inc. and other ratings that are associated with the same analytical unit.

Staples, Inc.: Covenant Quality Post-Sale Snapshot: $2,000m 7.500% Sen...

Staples, Inc.'s covenant package provides lower-tier moderate protection, reflected by a CQ score of 3.30.

Staples, Inc.: Covenant Quality Post-Sale Snapshot: $1,000m 10.750% Se...

The covenant package of Staples, Inc. (“Issuer”) provides weak protection (3.82).

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