Tagged With "Ba3"

Topic

Xerox trying to sell loan it used to buy out Icahn

Art Post · 11/6/234:41 PM

Xerox trying to sell loan it used to buy out Icahn Bloomberg News is reporting that Xerox is selling a $500 million loan to help fund its repurchase of stock shares formerly held by corporate raider, Carl Icahn (who previously prevented Fujifilm from acquiring Xerox) New debt will replace a $550 million bridge loan Xerox just took on Xerox is offering: Pay down 5% of debt in first 2 years 7.5% in year 3 10% afterward Moody’s Investor Service downgraded Xerox’s unsecured bonds one step to Ba3...

<ul id="{%=id%}ButtonGroup" class="button-group h-popup-buttons even-button-group even-1">
    <li id="{%=id%}Okay_buttonContainer"><a id="{%=id%}Okay" href="javascript:void(0);" class="button success no-margin-bottom h-alert-modal-ok-button" role="button">OK</a><script type="text/javascript">
        (function() {
            function {%=id%}Okay_click(event, data) {
            {%=id%}Popup.hide();
        }
        
                $('#{%=id%}Okay').on('click', {%=id%}Okay_click);
        })();
    </script></li></ul><a href="javascript:void(0);" class="close-reveal-modal" aria-label="Close Modal">&#215;</a><div class="last-modal-focus focus-utility-element" tabindex="0"></div>
</div>
<script type="text/javascript">
        (function() {
            {%=id%}Popup = new SS.Popup.ModalPopup('{%=id%}');
        })();
    </script>

Skip to main content

Xerox trying to sell loan it used to buy out Icahn

Membership Required

Remove From Your Block List

Manage Follow Preferences

Block

Premium Membership Required

VIP/Premium Membership

Please wait...