3D SYSTEMS CORP (DDD): debt financing — 3D Systems issues $92M convertible notes due 2030, retires $180M of 2026 notes

3D SYSTEMS CORP

Closed private offering of $92M aggregate principal of 5.875% Convertible Senior Secured Notes due 2030.
Initial conversion price $2.24/share, a ~20% premium over $1.87 closing price on June 17, 2025.
Used net proceeds ~$87.9M plus $77.9M cash to repurchase $180M of 0% Convertible Notes due 2026.
Also spent $15M cash to buy back ~8M shares of common stock at $1.87 per share.
Notes mature June 15, 2030, with put option on June 20, 2028; redeemable after June 20, 2028 under certain conditions.

item 1.01 item 2.03 item 3.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

3D SYSTEMS CORP incurred convertible notes of $92.0 million with Wilmington Savings Fund Society, FSB at 5.875% per annum maturing June 15, 2030.

Instrument: convertible notes
Principal: $92.0 million
Counterparty: Wilmington Savings Fund Society, FSB
Rate: 5.875% per annum
Maturity: June 15, 2030
Event: incurrence

Exact text from the filing

On June 23, 2025, 3D Systems Corporation (the “Company”) completed its previously announced private offering of $92.0 million aggregate principal amount of its 5.875% Convertible Senior Secured Notes due 2030 (the “Notes”).

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73 debt financings filed in the last 30 days. Browse all debt financings →

3D SYSTEMS CORP filing history →

Source: SEC EDGAR

accession 0001193125-25-145744

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