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Add as a preferred source on GoogleXerox Offers Note Exchange Aiming to Reduce Debt by $53 Million
The offer covers about $174 million of senior notes due in 2028 and would extend maturities to 2030.
Xerox Holdings Corporation announced an exchange transaction covering about $174 million of senior notes due in 2028. The deal is expected to reduce overall debt principal by about $53 million and extend maturities to 2030.
The transaction also is intended to preserve cash liquidity for operations.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.