3D Systems issues $85 million in 3.30% convertible notes due 2031 in debt exchange

DDD•2026-11-13

3D Systems issued $85 million of 3.3% convertible senior notes due 2031, refinancing all outstanding 2030 notes. Institutional holders also received $20 million in cash, accrued interest and 13,471,138 common shares.

1. Debt exchange terms

3D Systems issued the notes on November 12, 2026, and canceled all outstanding 2030 notes. The new senior unsecured notes mature April 1, 2031, with interest payable semiannually starting April 1, 2027. Their initial conversion price is approximately $3.43 per share, a 30% premium to the November 4 closing price of $2.64. The cancellation discharged the 2030 notes’ indenture and released related guarantees and collateral liens.

Sources

3D Systems issues $85 million in 3.30% convertible notes due 2031 in debt exchange

Sec

3D Systems issues $85 million in 3.30% convertible notes due 2031 in debt exchange

1. Debt exchange terms

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