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Company gets better deal on exchange offer after securities sell off on tax disclosure.
Proceeds will fund repurchases of stock thats trading at 16-month low.
Issue would be company's first sale in more than a decade.
Verizon and Microsoft lead companies trying to issue debt prior to elections.
Cost to insure Hewlett-Packard bonds rises after warning on earnings.
Opportunistic issuer takes advantage of low interest rates.