1. Xerox (XRX) Debt Trading 0.8% Lower

    Xerox (XRX) Debt Trading 0.8% Lower

    Posted by Gary Stephens An issue of Xerox Corp (NYSE:XRX) debt fell 0.8% as a percentage of its face value during trading on Monday. The high-yield debt issue has a 5.625% coupon and will mature on December 15, 2019. The bonds in the issue are now trading at $100.45 and were trading at $101.00 one week ago. Price changes in a company’s debt in credit markets sometimes anticipate parallel changes in its stock price. XRX has been the topic of a number of research reports.

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