---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-116939"
form_type: "8-K"
ticker: null
cik: "0000108772"
company_name: "XEROX CORP"
filed_at: "2025-05-09T23:59:59+00:00"
generated_at: "2026-05-22T01:18:08.153078+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Xerox issues additional $100M of 13.5% notes due 2031 for Lexmark acquisition

## Summary
- Issued $100M additional 13.5% Senior Secured Second Lien Notes due 2031, bringing total to $500M.
- Proceeds to fund part of Lexmark acquisition purchase price and repay Lexmark debt.
- Notes initially held in escrow; if Lexmark acquisition not closed by Dec 22, 2025, notes subject to special mandatory redemption at 98% of par.
- Upon acquisition close, Xerox Corp assumes issuer obligations; Notes guaranteed by Xerox Holdings and subsidiaries.
- Interest 13.5% payable semi-annually starting Oct 15, 2025; redeemable after Apr 15, 2028 at specified prices.

## SEC filing metadata
- accession: 0001193125-25-116939
- form_type: 8-K
- cik: 0000108772
- company_name: XEROX CORP
- filed_at: 2025-05-09T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/108772/000119312525116939/0001193125-25-116939-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/108772/000119312525116939/d830289d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-116939
- JSON: https://secwatch.observer/filing/0001193125-25-116939.json
- Plain text: https://secwatch.observer/filing/0001193125-25-116939.txt

## Key facts
- Debt Financings
  XEROX CORP incurred senior notes of $100,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 13.500% per annum maturing due 2031.
  - Instrument: senior notes
  - Principal: $100,000,000 aggregate principal amount
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 13.500% per annum
  - Maturity: due 2031
  - Event: incurrence
  source text: Xerox Corporation completed its previously announced private offering of $100,000,000 aggregate principal amount of 13.500% Senior Secured Second Lien Notes due 2031
  evidence_url: https://www.sec.gov/Archives/edgar/data/108772/000119312525116939/0001193125-25-116939-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.