Xerox reported Q3 revenue of $1.87 billion. Separately, the company announced a cashless exchange transaction for approximately $174 million of its 2028 senior notes, extending maturities to 2030, reducing debt principal by $53 million, and preserving cash. CFO Chuck Butler said the move addresses over 30% of outstanding 2028 notes. The transaction is expected to close on or about November 13, 2026.
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