Xerox Corp, founded in 1906 and headquartered in Norwalk, Connecticut, is a pioneering technology company primarily known for its imaging and printing solutions. Today, Xerox offers a range of services that include document management, managed print services, and digital workflow solutions, catering to various sectors including healthcare, education, and finance.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| XRX 4.80% 2035-03-01 USDXerox Corp | United States | 2035-03-01 | 4.800 | 15.48 |
| XRX 6.75% 2039-12-15 USDXerox Corp | United States | 2039-12-15 | 6.750 | 15.42 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Xerox began issuing bonds to finance its operations in the mid-1980s, significantly increasing its debt capacity to support growth initiatives. Notably, the company issued a $500 million bond in 2020 to refinance existing debt and support its digital transformation strategy, which included a competitive yield of 3.75%, attracting interest from various institutional investors. The current bond yields remain competitive within the technology sector, bolstered by the company’s strong credit ratings and recent strategic restructuring efforts.