3D Systems Announces Additional Partial Repurchase of Convertible Senior Notes
3D Systems(DDD) Newsfilter·2024-03-05 13:00
Repurchasing approximately $110 million of 0% coupon, convertible senior notes at approximately 22% discount to par value Reduces remaining balance of outstanding notes to approximately $214 million, over 50% reduction from initial issued principal balance of $460 million, due 2026Reinforces balance sheet strength and maintains strong cash position to support operational needs ROCK HILL, S.C., March 05, 2024 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) ("the Company") today announced that it has entered into ...