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Name | Symbol | Market | Type |
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Westpac 25 | LSE:BB63 | London | Medium Term Loan |
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RNS Number:1531Q Xerox Corp 17 January 2002 TO: COMPANY ANNOUNCEMENTS OFFICE THE DOCUMENT COMPANY XEROX (R) For additional information contact: Leslie F. Varon Vice President & Secretary 203-968-3110 Leslie.Varon@usa.xerox.com Fax (203) 968-4301 James A. Ramsey Director, Investor Relations 203-968-3807 James.Ramsey@usa.xerox.com Fax (203) 968-3944 Cynthia B. Johnston Manager, Investor Relations 203-968-3489 Cindy.Johnston@usa.xerox.com Fax (203) 968-3944 XEROX RAISES $746 MILLION THROUGH SENIOR NOTE OFFERING Company's Cash Position Increases To About $4.6 Billion STAMFORD, Conn., Jan. 17, 2002 - Xerox Corporation (NYSE: XRX) confirmed today that it has raised $746 million through an unregistered offering in the U.S. and Europe of 9.75 percent Senior Notes due in 2009. The sale exceeds initial projections of $500 million. The company received today the net proceeds from the sale, which includes US$559 million and EUR 209 million. With this funding and following the repayment of $1.2 billion in debt that matured in the fourth quarter, Xerox's cash position has increased to approximately $4.6 billion. For additional information about The Document Company Xerox, please visit our Worldwide Web site at www.xerox.com/investor. This release contains forward-looking statements and information relating to Xerox that are based on our beliefs as well as assumptions made by and information currently available to us. The words "anticipate," "believe," "estimate," "expect," "intend," "will" and similar expressions, as they relate to us, are intended to identify forward-looking statements. Actual results could differ materially from those projected in such forward-looking statements. Information concerning certain factors that could cause actual results to differ materially is included in the company's Form 10-Q for the quarter ended September 30, 2001. XEROX (R), The Document Company (R) and the digital X (R) are trademarks of XEROX CORPORATION. FROM: XEROX CORPORATION
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