secwatch.observer — SEC 8-K summary
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Issuer:     ZILLOW GROUP, INC. (ZG)
CIK:        0001617640
Form:       8-K
Filed at:   2026-01-30T23:59:59+00:00
Accession:  0001617640-26-000004
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1617640/000161764026000004/0001617640-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1617640/000161764026000004/z-20260130.htm
  HTML page:      https://secwatch.observer/filing/0001617640-26-000004

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