---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-270285"
form_type: "8-K"
ticker: "BILL"
cik: "0001786352"
company_name: "BILL Holdings, Inc."
filed_at: "2024-12-04T23:59:59+00:00"
generated_at: "2026-05-29T08:51:55.944341+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BILL prices $1.25B of 0% convertible notes due 2030; to repurchase existing notes and $200M of stock

## Summary
- Upsized from $1.0B to $1.25B aggregate principal; initial purchasers have option for additional $150M.
- Notes bear 0% interest, due April 1, 2030; initial conversion price ~$119.45/sh (35% premium to $88.48 close).
- Net proceeds ~$1.23B ($1.38B if greenshoe exercised); ~$130.8M to repurchase 2025 notes, ~$408.6M for 2027 notes.
- Plans to repurchase 2,260,397 shares ($200M) from note purchasers concurrently with offering.
- Sale expected to close Dec 6, 2024; capped call transactions entered to offset dilution.

## SEC filing metadata
- accession: 0001193125-24-270285
- form_type: 8-K
- ticker: BILL
- cik: 0001786352
- company_name: BILL Holdings, Inc.
- filed_at: 2024-12-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1786352/000119312524270285/0001193125-24-270285-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786352/000119312524270285/d858310d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-270285
- JSON: https://secwatch.observer/filing/0001193125-24-270285.json
- Plain text: https://secwatch.observer/filing/0001193125-24-270285.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.