ZipRecruiter entered into agreements to repurchase $295 million in aggregate principal amount of its 5% senior unsecured notes due 2030. The repurchase price is approximately $230 million, representing a $65 million discount to the par value. The transaction will be funded using cash currently held on the company's balance sheet. Following the transaction, approximately $255 million of the original $550 million in notes will remain outstanding. The remaining debt continues to carry a 5% interest rate and matures in January 2030.