Thread regarding Xerox Corp. layoffs

Xerox in trouble with Bridge Loan?

Jeffries / Citi still cannot offload this debt as of this post!

Xerox loaded up on debt- the bridge loan .. and despite 2 weeks plus of trying to find another buyer of the leveraged debt deal.. now what?

Clearly Xerox cannot afford the ballon bridge loan long term.. and all it's other debt has been downgraded big time (to ba3-3 notches below junk)

Who is the first seller to get out? Darwin Deason, Blackrock, Vanguard , or the divvy retirees.. or all of the above.

Citi and Jeffries want out of the bridge loan, and will likely find a short play to hedge their foolish bet.

XRX can't unload the bridge debt to any lender- and if we get a overall correction/sell-off I predict only bad scenarios the new lender might mandate to x aka cut the divvy, which is the only,, repeat only reason anyone owns this pathetic company!

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| 3141 views | | 20 replies (last November 21, 2023) | Reply
Post ID: @OP+1pzhReKk

20 replies (most recent on top)

A Bridge to Nowhere

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Post ID: @8xwd+1pzhReKk

Stevie boy doesn't know a darn thing about cmyk but it don't matter divvy gravy divvy divvy divvy take out a 28% cash advance to try to stay with the cool kids divvy divvy gravy divvy divvy.

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Post ID: @4stk+1pzhReKk

Talm bout went ol gerl gon uplode dem boudie picks?

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Post ID: @3avn+1pzhReKk

“Creditors have viewed Xerox’s move with some skepticism. The cost to insure Xerox debt against default in the credit default swaps market for the next five years has jumped to around 528 basis points, from about 376 basis points at the end of September, according to ICE Data Services. The company initially agreed to pay Icahn $15.84 per share. Xerox shares closed Monday at $12.27.”

  • increase the dividend… so I can buy up some cheap credit default swaps!

https://getyarn.io/yarn-clip/d03602f4-94ae-4246-bcfe-cadf962461ea

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Post ID: @3jci+1pzhReKk

Keep on, don’t stop
Don’t stop the divy till I get enough
Keep on , don’t stop

MJ

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Post ID: @3wiu+1pzhReKk

Bull$hit

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Post ID: @3xee+1pzhReKk

I'm in Norwalk and the rumor is any of the new lenders will cancel divvy as part of lending agreement. Ooohhh that's going to be rough when that happens plan accordingly u are truly a fool if u stay in that forsaken place I plan to leave after new year at the latest. PS big irif coming.

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Post ID: @3cgo+1pzhReKk

Stop it Rick.

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Post ID: @2fwa+1pzhReKk

Didnt Ricoh alreaady partner with Toshiba?

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Post ID: @2zrl+1pzhReKk

Probably ricooooh&x-x getting together. - only way go keep this sht shw going really. Also final chapter for steeevie and his guaranteed package lackies to exit the dumpster fire they created.

  • And for those of you who for omg who stay. omg, JB will be looking at all of us as a duplicate resource....

I'm putting my papers in 12/1 buh bye.

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Post ID: @2iyb+1pzhReKk

Storm clouds on the horizon

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Post ID: @1yny+1pzhReKk

The steeevie is a bandro I mean psycho left his fam who went to Menlo stayed in the city what a pity the ghetto created a cost cutter everyone at x better shutter he's coming always coming never stop til the bubble pops when it's over bend over he got his fill and 20 mil!

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Post ID: @1egq+1pzhReKk

Selling the loan - or at least trying...... No one interested. The wolves are circling!

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Post ID: @1nzc+1pzhReKk

Only x man could spend 3.2 billion in buybacks in 3 years with this Jvee crew, and still have only a 2 billion market cap. Should definitely be filegal to the zeagle...

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Post ID: @1kqh+1pzhReKk

Mic drop on the divizzle

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Post ID: @1ekx+1pzhReKk

I heard the sec is now well aware of the divvy / buyback shenanigans...

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Post ID: @1orq+1pzhReKk

How about $2 per Q divvy, my G?

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Post ID: @1bex+1pzhReKk

Dude, more dividend , holidays coming up yo!

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Post ID: @mpq+1pzhReKk

Increase the dividend!

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Post ID: @jyt+1pzhReKk

Lean Six Sigma to the rescue!

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Post ID: @ffo+1pzhReKk

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