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

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