NORWALK, Conn.--(BUSINESS WIRE)--Xerox (NYSE:XRX) announced today that its offer to purchase $300 million in debt and exchange an additional $300 million of existing debt for new 4.070% senior notes due March 17, 2022, expired at 11:59 p.m. ET on March 27, 2017.

The initial settlement for the existing notes that were validly tendered (and not validly withdrawn) at or prior to 5:00 p.m. ET on March 13, 2017 (the “early participation date”), and accepted for purchase and exchange occurred on March 17, 2017. Xerox did not accept for purchase and exchange any existing notes tendered after the early participation date. Any existing notes tendered and not accepted for purchase and exchange will be returned to holders promptly.

This press release is not an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction or under any circumstances in which the offer or sale is unlawful.

About Xerox

Xerox Corporation is an $11 billion technology leader that innovates the way the world communicates, connects and works. Our expertise is more important than ever as customers of all sizes look to improve productivity, maximize profitability and increase satisfaction. We do this for small and mid-size businesses, large enterprises, governments, graphic communications providers, and for our partners who serve them.