SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (date of earliest event reported):
April 18, 2002
XEROX CORPORATION
(Exact name of registrant as specified in its charter)
New York 1-4471 16-0468020
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification
incorporation) No.)
800 Long Ridge Road
P. O. Box 1600
Stamford, Connecticut 06904-1600
(Address of principal executive offices)(Zip Code)
Registrant's telephone number, including area code:
(203) 968-3000
Not Applicable
(Former name or former address, if changed since last report)
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Item 5. Other Events.
Registrant confirmed today that significant progress has been made in its
negotiations with its revolver lenders.
Responding to media speculation about Registrant's liquidity, Registrant
reiterated that the principal terms and conditions for refinancing a
portion of the revolver and extending its maturity beyond October 2002
have been distributed to the 57 lenders in the revolver. Following the
approval from these lenders as well as the negotiation and execution of
the definitive agreements, the refinancing is expected to be completed no
later than the end of June.
Registrant today also reported a current worldwide cash balance of $4.7
billion.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
Registrant has duly authorized this report to be signed on its behalf by
the undersigned duly authorized.
XEROX CORPORATION
/s/ MARTIN S. WAGNER
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By: MARTIN S. WAGNER
Assistant Secretary
Dated: April 18, 2002
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