Z Secondary Offering w/Weekly Options

>ZMonday, Aug 19 7:09 PM Zillow prices secondary at $82, raises $205M; shares -2% AH to $83.05

Zillow announced a secondary offering of over 5.02 million shares at $82 each. These included 2.5 million shares offered by Zillow and 2.52 million shares offered by some existing shareholders. The underwriters also have an option to purchase up to an additional 753,522 shares from Zillow.

Citigroup is serving as the lead bookrunning manager and representative of the underwriters for the offering. Goldman, Sachs & Co. is serving as a joint bookrunning manager. Allen & Company LLC, Canaccord Genuity, Pacific Crest Securities, and JMP Securities are co-managers for the offering.


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