Office Depot gets loan waiver of restatements and financial delivery delays

By Sara Rosenberg

New York, Nov. 9 - Office Depot Inc. received a waiver under its credit facility regarding the restatement of financials for certain prior periods and the resulting delay in delivering financial statements, according to an 8-K filed with the Securities and Exchange Commission Friday.

The waiver was obtained on Nov. 5 and is in effect until Dec. 15.

Wachovia Bank is the administrative agent on the deal.

Office Depot is a Delray Beach, Fla.-based provider of various office products and services.

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