NCR (NCR) is selling $500M worth of 4.625% senior notes due 2021. The company plans to use the...

|About: NCR Corporation (NCR)|By:, SA News Editor

NCR (NCR) is selling $500M worth of 4.625% senior notes due 2021. The company plans to use the proceeds, along with existing cash and credit facility borrowings, to finance its $650M acquisition of Retalix. NCR had $1.41B in debt on its balance sheet as of Sep. 30, along with $581M in cash and equivalents. (PR)