3D Systems to Exchange $92 Million of Secured Notes for Cash, Stock and New Debt
3D Systems entered into exchange agreements with all holders of its 5.875% convertible senior secured notes due 2030, exchanging $92.03 million of principal for $20 million in cash, approximately 13.47 million common shares and $85 million of new 3.30% convertible senior debt.
3D Systems entered into exchange agreements with all holders of its outstanding 5.875% convertible senior secured notes due 2030. The company will exchange $92.03 million of principal for $20 million in cash, approximately 13.47 million common shares and $85 million of new 3.30% convertible senior…