(Source: Fitch Inc) 27 Oct 2015 4:01 PM GMT/UTC Fitch Ratings-Chicago-27 October 2015: Fitch Ratings has placed the ratings for Xerox Corporation (Xerox) on Rating Watch Negative following the company's announcement that it will review its business portfolio and capital allocation options. Fitch's actions affect $9.6 billion of total debt, including the undrawn $2 billion revolving credit facility (RCF). A full list of current ratings follows at the end of this release. Xerox declined to provide additional details, including when the company expects to conclude the review. However, Fitch believes the examination will contemplate the potential sale of material businesses, separation of the...
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