StocksMedium•5 November 2026•
1 min read
3D Systems to Eliminate $92 Million in Secured Debt Through Exchange Agreement
Key Facts
13D Systems entered agreements to exchange all $92.03 million of its outstanding 5.875% convertible senior secured notes due 2030.
2Holders will receive $85 million in new 3.30% notes due 2031, 13,471,138 common shares, and $20 million in cash.
3D Systems entered agreements to exchange all $92.03 million of its outstanding 5.875% convertible senior secured notes due 2030. GlobeNewswire reported that holders will receive $85 million in new 3.30% notes due 2031, along with 13,471,138 common shares and $20 million in cash.
The transaction aims to restructure the company's balance sheet by extending debt maturity and reducing the interest rate from 5.875% to 3.30%. 3D Systems (DDD) closed at $2.64 on November 4, 2026, having traded between a low of $2.61 and a high of $2.81 during that session.