{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-066013","form_type":"8-K","ticker":null,"cik":"0000108772","company_name":"XEROX CORP","filed_at":"2024-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.330577+00:00","generated_at":"2026-06-04T22:46:57.456588+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Xerox issues $350M convertible notes at 3.75% and $400M senior notes at 8.875% to refinance debt","bullets":["$350M 3.75% Convertible Senior Notes due 2030; initial conversion price ~$20.84, a 25% premium to $16.67 closing.","$400M 8.875% Senior Notes due 2029; offering size increased from $300M to $400M.","Net convertible proceeds ~$339M; ~$20M used for capped calls; balance will refinance 3.800% notes due 2024 and 5.000% notes due 2025.","Capped call transactions limit dilution; cap price ~$28.34 per share (70% premium over $16.67 closing)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-066013","json":"https://secwatch.observer/filing/0001193125-24-066013.json","markdown":"https://secwatch.observer/filing/0001193125-24-066013.md","text":"https://secwatch.observer/filing/0001193125-24-066013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/108772/000119312524066013/0001193125-24-066013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/108772/000119312524066013/d758352d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T22:46:57.456588+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2291d124c3c492e06a17546490a0ae1843cab6f6","claim":"XEROX CORP incurred convertible notes of $350 million aggregate principal amount with initial purchasers at 3.75% per year maturing March 15, 2030.","evidence_excerpt":"On March 11, 2024, Xerox Holdings Corporation (the “Company”) completed its private offering of $350 million in aggregate principal amount of 3.75% Convertible Senior Notes due 2030 (the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/108772/000119312524066013/0001193125-24-066013-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$350 million aggregate principal amount"},{"label":"Counterparty","value":"initial purchasers"},{"label":"Rate","value":"3.75% per year"},{"label":"Maturity","value":"March 15, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"c8fa4108db5d21304f240e1fd2ebd7b36315752d","claim":"XEROX CORP entered into Indenture with U.S. Bank Trust Company, National Association valued at $350 million (effective 2024-03-11).","evidence_excerpt":"the Company entered into an Indenture, dated March 11, 2024 (the “Indenture”), with Xerox Corporation and Xerox Business Solutions, LLC, as guarantors, and U.S. Bank Trust Company, National Association, as trustee.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/108772/000119312524066013/0001193125-24-066013-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$350 million"},{"label":"Effective","value":"2024-03-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}