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3D Systems Announces Significant Strengthening of Balance Sheet

Transactions permanently retire approximately 88millionofdebt,4188 million of debt, 41% of prior balance, at a meaningful discount to parRefinancing extends maturity with issuance of 92 million Convertible Senior Secured Notes due 2030Repurchase of 8 million shares, representing approximately 6% of the Company’s outstanding common stock, in connection with the transaction reduces dilution for equity holdersStrong remaining cash reserves support completion of restructuring efforts while maintaining continuity in key growth ...