Office Max consolidates credit lines

Naperville, Ill. -- OfficeMax on Friday said it is amending two credit lines and consolidated them into a new $650 million revolving credit facility that expires in October 2016.



The two existing agreements included a $700 million U.S. credit facility and a $60 million Canadian facility ($59.1 million U.S.) that were set to expire in July 2012.



There are currently no outstanding borrowings under the facility.