ZipRecruiter announced its intention to offer, subject to market conditions and other factors, $500 million aggregate principal amount of its Senior Notes due 2030 (the “notes”) in a private offering (the “offering”). The interest rate, redemption provisions, and other terms of the notes will be determined by negotiations between ZipRecruiter and the initial purchasers.
ZipRecruiter intends to use the net proceeds from the offering for general corporate purposes, which may include capital expenditures, investments and working capital. The closing of the offering is subject to market and other conditions.
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The notes will only be offered and sold by means of a private offering memorandum to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act. The notes have not been, nor will be, registered under the Securities Act or the securities laws of any other jurisdiction, and unless so registered, may not be offered or sold in the United States, except pursuant to an applicable exemption from such registration requirements.
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This announcement is neither an offer to sell nor a solicitation of an offer to buy the notes and shall not constitute an offer, solicitation, or sale in any jurisdiction in which such offer, solicitation, or sale is unlawful.
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