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Zebra Technologies to redeem all $300 million 7¼% notes due 2022
By Wendy Van Sickle
Columbus, Ohio, Nov. 3 – Zebra Technologies Corp. will redeem all $300 million of outstanding 7¼% senior notes due 2022 on Dec. 4, according to an 8-K filed with the Securities and Exchange Commission.
The redemption price will be equal to the optional redemption price for 2017 specified in the note indenture.
The redemption is conditioned on Zebra’s receipt of proceeds from one or more new lower-cost financing transactions, sufficient to pay to redemption costs.
Lincolnshire, Ill.-based Zebra is a printing technologies company.
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