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Zebra Technologies Prices $500 Million Private Debt Offering
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Zebra Technologies Prices $500 Million Private Debt Offering
May 22, 2024 3:26 PM

05:57 PM EDT, 05/22/2024 (MT Newswires) -- Zebra Technologies ( ZBRA ) said late Wednesday it priced a $500 million private offering of 6.5% senior unsecured notes due June 1, 2032.

The company expects the offering to close May 28 and plans to use the net proceeds to fully repay the outstanding debt under its revolving credit facility, among other things, it said.

Price: 327.00, Change: +0.02, Percent Change: +0.01

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