LINCOLNSHIRE, Ill.–(BUSINESS WIRE)–Zebra
Technologies Corporation (NASDAQ: ZBRA), the market leader in rugged
mobile computers, barcode scanners and barcode printers enhanced with
software and services to enable real-time enterprise visibility, today
announced comprehensive actions to restructure its debt.
The company closed today on a senior secured credit facility maturing
July 2021, initially priced at LIBOR + 2.00%, with the opportunity for
reduced pricing upon attainment of certain debt leverage levels. This
facility includes a $687.5 million Term Loan A and a $500 million
revolving credit facility (increased from $250 million), on which $…
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