secwatch.observer — SEC 8-K summary
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Issuer:     ZILLOW GROUP, INC. (ZG)
CIK:        0001617640
Form:       8-K
Filed at:   2024-10-08T23:59:59+00:00
Accession:  0001617640-24-000119
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Zillow redeems $498.8M of 1.375% convertible notes due 2026; conversion deadline Dec 17
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- Company issued notice to redeem all $498.8M outstanding of 1.375% Convertible Senior Notes due 2026.
- Redemption date: December 18, 2024; redemption price = 100% principal plus accrued interest from Sept 1, 2024.
- Holders may convert notes before 5:00 PM ET on December 17, 2024; conversion rate: 22.9830 Class C shares per $1,000 principal.
- Company elected Combination Settlement with Specified Dollar Amount of $1,000 per $1,000 principal for conversions after notice.
- Interest ceases to accrue on redeemed notes after the redemption date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1617640/000161764024000119/0001617640-24-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1617640/000161764024000119/z-20241008.htm
  HTML page:      https://secwatch.observer/filing/0001617640-24-000119

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