Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
XEROX CORP incurred term loan of $555,000,000 loan facility with Jefferies Finance LLC at annual rate of 8.50%, payable monthly in arrears, which rate will be increased b maturing five-year anniversary of the closing date.
- Instrument
- term loan
- Principal
- $555,000,000 loan facility
- Counterparty
- Jefferies Finance LLC
- Rate
- annual rate of 8.50%, payable monthly in arrears, which rate will be increased b
- Maturity
- five-year anniversary of the closing date
- Event
- incurrence
Exact text from the filing
On September 28, 2023, Xerox Corporation (“Xerox”), as borrower, its parent company, Xerox Holdings Corporation (the “Company”) and certain of Xerox’s subsidiaries, as guarantors, entered into a Credit Agreement (the “Credit Agreement”) with Jefferies Finance LLC (“Jefferies Finance”), as the Administrative Agent, Collateral Agent and Lender pursuant to which Jefferies Finance provided Xerox with a $555,000,000 loan facility
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
XEROX CORP entered into Credit Agreement with Jefferies Finance LLC valued at $555,000,000 loan facility (effective 2023-09-28).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Jefferies Finance LLC
- Value
- $555,000,000 loan facility
- Effective
- 2023-09-28
Exact text from the filing
On September 28, 2023, Xerox Corporation (“Xerox”), as borrower, its parent company, Xerox Holdings Corporation (the “Company”) and certain of Xerox’s subsidiaries, as guarantors, entered into a Credit Agreement (the “Credit Agreement”) with Jefferies Finance LLC (“Jefferies Finance”), as the Administrative Agent, Collateral Agent and Lender pursuant to which Jefferies Finance provided Xerox with a $555,000,000 loan facility (the “Loan Facility”)
View on SEC.gov