Zillow (ZG) Reports CFPB Completed Investigation and Does Not Intend to Take Enforcement Action

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Go back to Zillow (ZG) Reports CFPB Completed Investigation and Does Not Intend to Take Enforcement Action

Zillow (Z) Announces $325M Class C Capital Shares Offering; Also Announces Proposed $325M Convertible Senior Note Offering

June 27, 2018 4:30 PM EDT

Zillow Group, Inc. (NASDAQ: Z) (NASDAQ: ZG) announced today that it intends to commence concurrent underwritten public offerings of $325 million in shares of its Class C capital stock (the Shares) and $325 million aggregate principal amount of its convertible senior notes due 2023 (the Notes). Zillow Group also intends to grant the underwriters of the Shares offering (the Shares Offering) a 30-day option to purchase up to an additional $48.75 million in Shares and the underwriters of the Notes offering (the Notes Offering) a 30-day option to purchase up to an additional $48.75 million aggregate principal... More