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Cases & Deals

August 6, 2020

Xerox Issues $1.1B Senior Notes


King & Spalding advised Xerox Holdings Corporation in its offering of $550 million aggregate principal amount of its 5.000% senior notes due 2025 and $550 million aggregate principal amount of its 5.500% senior notes due 2028 in an unregistered offering, generating approximately $1.087 billion in net proceeds to Xerox, after fees and expenses. The proceeds from the offering will be used to pay down debt. Xerox is a workplace technology company building and integrating software and hardware for enterprises large and small.