3D Systems terminates $100 million revolver ahead of Simbionix sale

By Wendy Van Sickle

Columbus, Ohio, Aug. 24 – 3D Systems Corp. terminated on Aug. 19 its credit agreement that provided a $100 million five-year revolver with HSBC Bank USA, NA as administrative agent, according to an 8-K filing with the Securities and Exchange Commission.

A $100 million term loan facility under the agreement was previously repaid and terminated.

The revolver was due to expire on Feb. 26, 2024 and had no amounts outstanding at termination.

The company ended the credit facility in anticipation of closing of the sale of its medical simulation business, Simbionix, to Surgical Science Sweden AB for $305 million.

Based in Rock Hill, S.C., 3D Systems is a three-dimensional modeling, prototyping and manufacturing services company.

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