---
schema_version: "secwatch.filing_event.v1"
accession: "0001423774-23-000158"
form_type: "8-K"
ticker: null
cik: "0001423774"
company_name: "ZUORA INC"
filed_at: "2023-09-25T23:59:59+00:00"
generated_at: "2026-06-10T09:12:22.262894+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Zuora sells $150M additional convertible notes to Silver Lake; appoints new principal accounting officer

## Summary
- Sold $150M of 3.95%/5.50% convertible senior PIK toggle notes due 2029 to Silver Lake Alpine II.
- Total Silver Lake investment in Zuora now $400 million including the $150M additional notes.
- Appointed Matthew R. Dobson as principal accounting officer; he has served as Chief Accounting Officer since February 2021.
- Notes issued under the March 2022 Investment Agreement with Silver Lake and a supplemental indenture.

## SEC filing metadata
- accession: 0001423774-23-000158
- form_type: 8-K
- cik: 0001423774
- company_name: ZUORA INC
- filed_at: 2023-09-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.03, 1.01, 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1423774/000142377423000158/0001423774-23-000158-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1423774/000142377423000158/zuo-20230922.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001423774-23-000158
- JSON: https://secwatch.observer/filing/0001423774-23-000158.json
- Plain text: https://secwatch.observer/filing/0001423774-23-000158.txt

## Key facts
- Debt Financings
  ZUORA INC incurred convertible notes of $150 million in aggregate principal amount with Silver Lake Alpine II, L.P. (and/or its designated affiliates) at 3.95%/5.50% convertible senior PIK toggle maturing 2029.
  - Instrument: convertible notes
  - Principal: $150 million in aggregate principal amount
  - Counterparty: Silver Lake Alpine II, L.P. (and/or its designated affiliates)
  - Rate: 3.95%/5.50% convertible senior PIK toggle
  - Maturity: 2029
  - Event: incurrence
  source text: On September 22, 2023, Zuora, Inc. (“ Zuora ”) completed the sale of $150 million in aggregate principal amount of its 3.95%/5.50% convertible senior PIK toggle notes due 2029
  evidence_url: https://www.sec.gov/Archives/edgar/data/1423774/000142377423000158/0001423774-23-000158-index.htm
- Executive change
  Matthew R. Dobson was appointed as principal accounting officer at ZUORA INC.
  - Action: appointed
  - Role: principal accounting officer
  source text: On September 20, 2023, Zuora appointed Matthew R. Dobson, age 43, as its principal accounting officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1423774/000142377423000158/0001423774-23-000158-index.htm

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