Tagged With "Citibank"
Topic
Xerox expands credit line to $425 million
Xerox Holdings Corporation (NASDAQ:XRX) and its subsidiary, Xerox Corporation (NASDAQ: XRX ), have entered into an agreement with Citibank, N.A. and other lenders to increase their credit line from $300 million to $425 million, as reported in a recent SEC filing. The amendment, effective June 10, 2024, also adjusts certain covenant thresholds. The Norwalk, Connecticut-based company, known for its computer peripheral equipment, has amended its existing Asset-Based Lending (ABL) Credit...