Zillow fully settles $419M convertible notes due 2025, becomes debt-free

ZILLOW GROUP, INC.

Fully settled $419M principal of 2.75% Convertible Senior Notes due 2025 on May 15, 2025.
Delivered ~$425M cash ($419M principal, $6M interest, nominal fractional shares) and 1,385 Class C shares.
Company is now debt-free other than credit facility borrowings for Zillow Home Loans.

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