---
schema_version: "secwatch.filing_event.v1"
accession: "0001617640-26-000004"
form_type: "8-K"
ticker: "ZG"
cik: "0001617640"
company_name: "ZILLOW GROUP, INC."
filed_at: "2026-01-30T23:59:59+00:00"
generated_at: "2026-05-16T05:58:19.766703+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Zillow Group closes $500M revolving credit facility due 2031, undrawn at close

## Summary
- Facility can be increased by $250M to $750M under specified conditions.
- Revolver matures January 30, 2031; interest at SOFR plus 1.25%-1.75% or ABR plus 0.25%-0.75% based on Total Net Leverage Ratio.
- Financial covenant requires Total Net Leverage Ratio below 3.75:1.00 when drawn >30% of commitments.
- No borrowings outstanding at signing; proceeds earmarked for general corporate purposes.
- Obligations guaranteed by Zillow Group and certain subsidiaries; secured by substantially all borrower assets.

## SEC filing metadata
- accession: 0001617640-26-000004
- form_type: 8-K
- ticker: ZG
- cik: 0001617640
- company_name: ZILLOW GROUP, INC.
- filed_at: 2026-01-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1617640/000161764026000004/0001617640-26-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1617640/000161764026000004/z-20260130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001617640-26-000004
- JSON: https://secwatch.observer/filing/0001617640-26-000004.json
- Plain text: https://secwatch.observer/filing/0001617640-26-000004.txt

## Key facts
- Debt Financings
  ZILLOW GROUP, INC. incurred revolving credit of $500 million with Goldman Sachs Bank USA at secured overnight financing rate plus a margin of from 1.25% to 1.75% maturing January 30, 2031.
  - Instrument: revolving credit
  - Principal: $500 million
  - Counterparty: Goldman Sachs Bank USA
  - Rate: secured overnight financing rate plus a margin of from 1.25% to 1.75%
  - Maturity: January 30, 2031
  - Event: incurrence
  source text: (the “Borrower”), the lenders from time to time party thereto (the “Lenders”), Goldman Sachs Bank USA as administrative agent (in such capacity, the “Administrative Agent”) and as an issuing bank, and the other issuing banks from time to time party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1617640/000161764026000004/0001617640-26-000004-index.htm
- Material Agreements
  ZILLOW GROUP, INC. entered into Credit Agreement with Goldman Sachs Bank USA valued at $500 million revolving credit facility (effective 2026-01-30).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Goldman Sachs Bank USA
  - Value: $500 million revolving credit facility
  - Effective: 2026-01-30
  source text: On January 30, 2026, Zillow Group, Inc. (the “Company”) entered into a Credit Agreement (the “Credit Agreement”) by and among the Company, MFTB Holdco, Inc., Zillow, Inc. (the “Borrower”), the lenders from time to time party thereto (the “Lenders”), Goldman Sachs Bank USA as administrative agent (in such capacity, the “Administrative Agent”) and as an issuing bank, and the other issuing banks from time to time party thereto. The Credit Agreement provides for a $500 million revolving credit facility
  evidence_url: https://www.sec.gov/Archives/edgar/data/1617640/000161764026000004/0001617640-26-000004-index.htm

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