ZipRecruiter retires $295M of debt for $230M, capturing $65M discount to par

Filed June 25, 2026 · Period ending June 25, 2026 · ~1 min read

Key Changes

• high

  Company repurchased $295M principal of its 5% 2030 senior notes for ~$230M cash, retiring debt at 22% discount to par and reducing outstanding notes from $550M to $255M.

  Item 7.01 — Regulation FD Disclosure verify on EDGAR →
• high

  Transaction funded with balance sheet cash, closing on rolling basis through June 30, 2026. Remaining $255M of notes continue at 5% annual interest, maturing January 2030.

  Exhibit 99.1 verify on EDGAR →
• medium

  CEO characterized repurchase as opportunistic capital allocation that enhances financial flexibility while preserving strong cash balance to invest in growth and AI initiatives.

  Exhibit 99.1 verify on EDGAR →