Xerox Expects to Raise $400 Million Through Senior Note Offering

Xerox Expects to Raise $400 Million Through Senior Note Offering

Xerox Corporation (NYSE: XRX) expects to raise $400 million through a senior unsecured note offering announced today. Proceeds from the offering will be used to support the company’s customer financing activities through unsecured debt and for general corporate purposes. The notes, which are due in 2017 and will be issued in U.S. dollars by Xerox, will be sold under the company’s effective shelf registration statement. The offering is subject to market and other conditions.

This press release is neither an offer to sell nor the solicitation of an offer to buy the notes, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such an offer, solicitation or sale is unlawful.

Goldman, Sachs & Co., and Bear, Stearns & Co. Inc. are acting as joint book-running managers for the offering. Offers for the notes are only to be made through the prospectus. A copy of the prospectus and prospectus supplement may be obtained by contacting Goldman, Sachs & Co., Attention: Prospectus Department, 85 Broad St., New York, NY 10004, or calling 1-212-902-1171.

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