Date: Tuesday March 21, 2006 10:22:00 am
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Xerox to raise $400M through sale of bonds
Xerox Plans to Raise $400 Million Through Senior Unsecured Note Offering
STAMFORD, Conn. — Printing and imaging equipment maker Xerox Corp. said on Wednesday it is planning to raise $400 million through a senior unsecured note offering.
Proceeds from the sale will be used to support customer financing activities and for general corporate purposes.
The notes are due in 2016 and will be issued in U.S. dollars by Xerox
Shares of Xerox were down 1 cent at $15.14 in morning trading on the New York Stock Exchange.
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