Xerox holdings corporation announces proposed convertible notes offering

Norwalk, conn.--(business wire)--xerox holdings corporation (nasdaq: xrx) (the “company” or “xerox”) announced today its intention to offer, subject to market and other conditions, $300,000,000 aggregate principal amount of convertible senior notes (the “notes”) in a private placement to qualified institutional buyers pursuant to rule 144a under the securities act of 1933, as amended (the “act”). the company also expects to grant the initial purchasers of the notes a 13-day option to purchase u.
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