Monday, January 10, 2022

ZipRecruiter Raises $550M In Debt Offering

Santa Monica-based online employment market operator ZipRecruiter said on Friday that it is raising $550M in debt, via 5.000% Senior Notes due in 2030, up from an earlier announced $500M. The company--which is traded on the NYSE as ZIP--said it intends to use the net proceeds from the offering for general corporate purposes, which may include capital expenditures, investments and working capital.

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