Log In | Become a Member | Contact Us

Market Intelligence for Printing and Publishing

Connect on Twitter | Facebook | LinkedIn

Featured:     M&A Trends     Production Inkjet     Installations and Placements Tracker

Xerox Closes on $1 Billion of Senior Unsecured Notes

Friday, May 20, 2011

Press release from the issuing company

NORWALK, Conn. -- Xerox Corporation closed today on a $300 million offering of floating rate senior unsecured notes due in 2014 and a $700 million offering of 4.5 percent senior unsecured notes due in 2021.
Net proceeds from the offering will be used to repay $650 million of 8 percent trust preferred securities due 2027 called on April 21 and payable on May 23, and for general corporate purposes.


Post a Comment

To post a comment Log In or Become a Member, doing so is simple and free



Email Icon Email

Print Icon Print

Become a Member

Join the thousands of printing executives who are already part of the WhatTheyThink Community.

Copyright © 2018 WhatTheyThink. All Rights Reserved