Zillow Group discloses $400M proposed offering of convertible senior notes

|About: Zillow Group, Inc. (Z)|By:, SA News Editor

To be due 2021 in private placement.

Intended use declared for paying expense of capped call transactions and general corporate purposes.

Both A (ZG) and C (Z) shares of Zillow Group are trading roughly 1.5% lower after hours on the announcement.

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