secwatch.observer — SEC 8-K summary
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Issuer:     ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK:        0000877212
Form:       8-K
Filed at:   2024-05-28T23:59:59+00:00
Accession:  0000877212-24-000142
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zebra issues $500M 6.5% senior notes due 2032; proceeds to repay revolver
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- Issued $500M aggregate principal of 6.500% senior unsecured notes due June 1, 2032 on May 28.
- Net proceeds of approx. $492M after initial purchasers' discount and estimated expenses.
- Proceeds to repay $172M outstanding on revolving credit facility as of Mar 30, 2024.
- Remaining net proceeds for general corporate purposes, including replenishing cash.
- Interest payable semi-annually on June 1 and Dec 1; first payment Dec 1, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/877212/000087721224000142/0000877212-24-000142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/877212/000087721224000142/zbra-20240522.htm
  HTML page:      https://secwatch.observer/filing/0000877212-24-000142

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