Xerox launches $2 billion, 3-part debt sale - IFR

NEW YORK | Tue Dec 1, 2009 12:01pm EST

NEW YORK Dec 1 (Reuters) - Xerox Corp (XRX.N) launched a $2 billion, three-part debt sale on Tuesday, according to IFR, a Thomson Reuters service.

The sale consists of $1 billion of five-year notes, launched at 225 basis points more than comparable U.S. Treasuries, $650 million of 10-year notes launched at 237.5 basis points over Treasuries, and $350 million 30-year bonds launched at 250 basis points over Treasuries.

Bank of America-Merrill Lynch, Citigroup Inc and JPMorgan Chase & Co are the joint lead managers of the sale, said IFR. (Reporting by Pam Niimi; Editing by Padraic Cassidy) ((pam.niimi@thomsonreuters.com; +1 646 223 6321; Reuters Messaging: pam.niimi.reuters.com@reuters.net))

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.