Beyond the Print: Assessing Xerox’s Financial Flexibility & Strategic Levers

Presenters:
Veronica Graff (Moderator), Special Situations Reporter, LevFin Insights
Nick Williams, Senior Analyst, Special Situations, CreditSights
Andy Li, CFA, Senior Analyst, Technology, CreditSights
Scott Josefsberg, J.D., Head of U.S. High Yield Research, Covenant Review
Kevin Grondahl, J.D., Senior Director, Covenant Analyst, Covenant Review

Xerox’s balance sheet story has shifted from a slow-burn credit to a developing restructuring watch as the company’s recent advisory engagements spark intense speculation over its next move. With creditor factions beginning to take shape, investors are assessing all levers Xerox has to manage its capital structure. The webinar aims to unpack the company’s liquidity trajectory, secured-debt headroom, and LME considerations against a backdrop of declining earnings and a looming maturity wall that lines up with accelerating free cash flow erosion.

Topics included:

• Liquidity Runway & FCF Erosion
• Capital structure considerations
• Secured-Debt Capacity & Covenant Flexibility
• Creditor Positions & LME Considerations