Xerox Holdings Corp 8-K, filed Apr 3, 2020
Xerox Holdings Corp (XRX)
About this 8-K
Xerox Holdings Corp filed this 8-K on April 3, 2020, reporting on events of March 31, 2020.
Items reported
- Item 1.02: Ended a material agreement
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| Item 1.02. | Termination of a Material Definitive Agreement. |
As previously disclosed, on February 26, 2020, Xerox Holdings Corporation (“Xerox”) entered into an amended and restated commitment letter (the “A&R Commitment Letter”), with Bank of America, N.A., Citigroup Global Markets Inc., Mizuho Bank, Ltd., MUFG Bank, Ltd., PNC Bank, National Association, PNC Capital Markets LLC, Credit Agricole Corporate and Investment Bank, Truist Bank and SunTrust Robinson Humphrey, Inc. (collectively, the “Commitment Parties”) to provide bridge financing in connection with Xerox’s proposed acquisition of HP Inc. (“HP”).
On March 31, 2020, following the withdrawal of its tender offer to acquire HP, Xerox provided notice to the Commitment Parties of its immediate termination of the A&R Commitment Letter. No termination penalties are associated with the termination of the A&R Commitment Letter.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. The signature for the undersigned shall be deemed to relate only to matters having reference to such company and its subsidiaries.
| XEROX HOLDINGS CORPORATION | ||
| (Registrant) | ||
| By: |
/s/ Douglas H. Marshall | |
| Name: |
Douglas H. Marshall | |
| Title: |
Corporate Secretary | |
Date: April 3, 2020