Xerox Holdings Announces Proposed Convertible Notes Offering

Tuesday, 5 March 2024, 22:01

Xerox Holdings intends to raise capital through a $300 million convertible senior notes offering in a private placement. The company plans to issue the notes to investors with a maturity set for 2030. This move is aimed at strengthening Xerox's financial position and supporting future growth initiatives.

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Xerox Announces Proposed Convertible Notes Offering

Xerox Holdings intends to offer $300 million of convertible senior notes in a private placement with the maturity set for 2030. The company also includes an option for additional notes making it a significant fundraising move.

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