---
schema_version: "secwatch.filing_event.v1"
accession: "0000877212-24-000053"
form_type: "8-K"
ticker: "ZBRA"
cik: "0000877212"
company_name: "ZEBRA TECHNOLOGIES CORP"
filed_at: "2024-03-22T23:59:59+00:00"
generated_at: "2026-06-04T09:26:50.820535+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Zebra Tech extends A/R securitization facility to March 2027; benchmark to SOFR

## Summary
- Maximum facility amount remains $180 million.
- Termination date extended from March 19, 2024 to March 19, 2027.
- Interest rate benchmark changed from LIBOR to SOFR per Federal Reserve guidance.
- Structural changes may increase borrowing base and available draws.
- Company's guarantee of ZTI's performance as servicer/originator unchanged.

## SEC filing metadata
- accession: 0000877212-24-000053
- form_type: 8-K
- ticker: ZBRA
- cik: 0000877212
- company_name: ZEBRA TECHNOLOGIES CORP
- filed_at: 2024-03-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/877212/000087721224000053/0000877212-24-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/877212/000087721224000053/zbra-20240319.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000877212-24-000053
- JSON: https://secwatch.observer/filing/0000877212-24-000053.json
- Plain text: https://secwatch.observer/filing/0000877212-24-000053.txt

## Key facts
- Debt Financings
  ZEBRA TECHNOLOGIES CORP amended revolving credit of $180 million with PNC Bank, National Association maturing March 19, 2027.
  - Instrument: revolving credit
  - Principal: $180 million
  - Counterparty: PNC Bank, National Association
  - Maturity: March 19, 2027
  - Event: amendment
  source text: from ZTI. The Financing Agreement provides ZTRSC with a revolving U.S. trade receivables securitization facility (the “A/R Facility”) in a maximum principal amount of $180 million based on the availability of eligible receivables and other customary factors, and the satisfaction of certain conditions. Under the A/R Facility, ZTI will sell or contribute
  evidence_url: https://www.sec.gov/Archives/edgar/data/877212/000087721224000053/0000877212-24-000053-index.htm
- Material Agreements
  ZEBRA TECHNOLOGIES CORP amended Third Amendment with PNC Bank, National Association valued at $180 million (effective 2024-03-19).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: PNC Bank, National Association
  - Value: $180 million
  - Effective: 2024-03-19
  source text: On March 19, 2024, Zebra Technologies International, LLC (“ZTI”) and Zebra Technologies RSC, LLC (“ZTRSC”), both of which are wholly-owned subsidiaries of Zebra Technologies Corporation (the “Company”), entered into the third amendment (the “Third Amendment”) to that certain Receivables Financing Agreement (the “Financing Agreement”), dated as of December 1, 2017, as previously amended on May 20, 2019 and March 19, 2021, by and among ZTI, as originator and servicer, ZTRSC, as borrower, PNC Bank, National Association (“PNC”), as administrative agent, PNC Capital Markets LLC, as structuring agent, and additional persons from time to time party thereto as lenders and group agents (“Lenders”), pursuant to which the Lenders have agreed to provide financing for ZTRSC’s purchase of certain receivables from ZTI.
  evidence_url: https://www.sec.gov/Archives/edgar/data/877212/000087721224000053/0000877212-24-000053-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.