secwatch.observer — SEC 8-K summary
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Issuer:     ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK:        0000877212
Form:       8-K
Filed at:   2024-03-22T23:59:59+00:00
Accession:  0000877212-24-000053
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/877212/000087721224000053/0000877212-24-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/877212/000087721224000053/zbra-20240319.htm
  HTML page:      https://secwatch.observer/filing/0000877212-24-000053

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer