Zillow Group is seeking more than $1 billion in cash amid its “bold expansion.” The company announced earlier this week two offerings of convertible senior notes — a $600 million offering due in 2024 with a fixed interest rate of 0.75 percent and a $500 million offering due in 2026 at a fixed rate of 1.375 percent, Inman reported. The sale is expected to close on September 9. When the notes mature, the company will […]
source https://therealdeal.com/national/2019/09/05/zillow-seeks-1-1b-cash-infusion/#new_tab
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