Reuters logo
8 months ago
BRIEF-Zebra Technologies announces repricing of $1.7 billion term loan
December 7, 2016 / 1:40 PM / 8 months ago

BRIEF-Zebra Technologies announces repricing of $1.7 billion term loan

1 Min Read

Dec 7 (Reuters) - Zebra Technologies Corp

* Zebra Technologies announces repricing of $1.7 billion term loan

* Zebra Technologies Corp says under amended term loan, interest rate has been reduced by 75 basis points to libor + 2.50% from libor + 3.25%

* Expects interest expense savings of approximately $1 million in quarter due to repricing

* Zebra Technologies says for Q4, co expects to incur about $1 million of accelerated amortization of debt issuance cost and discount, about $1 million of repricing transaction fees Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below