Zillow Group Inc. Completes Debt Repayment, Settles $419 Million Convertible Notes and Becomes Debt-Free
Zillow Group Inc. has announced the full settlement of its approximately $419 million outstanding principal amount of 2.75% Convertible Senior Notes due in 2025. As of May 15, 2025, the company is now debt-free, apart from credit facility borrowings linked to Zillow Home Loans. The settlement involved aggregate cash payments totaling around $425 million, covering the principal amount, accrued interest, and a nominal cash payment for fractional shares. Additionally, Zillow Group issued an aggregate of 1,385 shares of its Class C capital stock to noteholders.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zillow Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001617640-25-000070), on May 16, 2025, and is solely responsible for the information contained therein.
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