Sycamore Is Said to Seek $1 Billion Payout in Staples Debt Deal

By Davide Scigliuzzo and Eliza Ronalds-Hannon – Sycamore Partners is looking to take most of its cash out of Staples Inc.through a recapitalization that will saddle the company with roughly $1 billion of additional debt, according to people with knowledge of the plan. If successful, the debt sale will allow the private equity firm to recoup roughly two-thirds of … Continue reading Sycamore Is Said to Seek $1 Billion Payout in Staples Debt Deal