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Published on 11/11/2021 in the Prospect News Convertibles Daily.

Convertibles Calendar: 3D Systems on tap

Nov. 11

3D SYSTEMS CORP.:

• $350 million five-year convertible notes

• Greenshoe of $52.5 million

• Tightened talk for a fixed coupon of 0% and an initial conversion premium of 40% to 45%; initial talk for a coupon of 0% to 0.5% and an initial conversion premium of 35% to 40%

• Goldman Sachs & Co. LLC and HSBC Securities

• Non-callable until Nov. 20, 2024 and then subject to a 130% hurdle

• Rule 144A

• Proceeds for general corporate purposes which may include acquisitions

• Rock Hill, S.C.-based 3D printer and scanner manufacturer


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