tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Xerox working on debt financing using IP as collateral, WSJ reports

Xerox (XRX) is preparing a potential debt financing that would use its intellectual property as collateral, the Wall Street Journal’s Alexander Gladstone reports, citing people familiar with the matter. The office technology company is seeking to raise $500M loan as it faces continued losses, the author notes.

Claim 50% Off TipRanks Premium and Invest with Confidence

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1