debt
confidence high
sentiment neutral
materiality 0.60
Zebra Technologies prices $500M 6.500% senior notes due 2032
ZEBRA TECHNOLOGIES CORP
- Priced $500M aggregate principal of 6.500% senior unsecured notes, maturing June 1, 2032.
- Net proceeds to repay $172M outstanding under revolving credit facility; remainder for general corporate purposes.
- Offering expected to close May 28, 2024, subject to customary closing conditions.
- Notes are unregistered, offered under Rule 144A and Regulation S to QIBs and non-U.S. persons.