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Trulia’s 2.75% convertible notes now convertible into Zillow stock
By Marisa Wong
Madison, Wis., Feb. 18 – Trulia, Inc. and Zillow Group, Inc. entered into a supplemental indenture to the indenture dated Dec. 17, 2013 governing Trulia’s 2.75% convertible senior notes due 2020, according to an 8-K filing with the Securities and Exchange Commission.
The notes, which were previously convertible into Trulia common stock, are now convertible into shares of Zillow class A common stock.
Under the supplemental indenture, Zillow has agreed to guarantee Trulia’s convertibles.
San Francisco-based Trulia is a real estate website that provides tools to research homes and neighborhoods. Zillow, formerly Zebra Holdco, Inc., completed its acquisition of Trulia on Tuesday.
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