Xerox Unveils Initial Settlement of Offers to Exchange Outstanding Notes

Xerox Unveils Initial Settlement of Offers to Exchange Outstanding Notes

Xerox (XRX), a provider of business support services, unveiled late Friday the initial settlement of its offer to buy back $300 million in debt and exchange an additional $300 million of existing debt for new 4.070% senior notes due March 17, 2022. Xerox delivered on Friday an aggregate principal amount of $300 million of new notes and paid an aggregate of $322 million cash consideration. This settlement is for existing […]

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