Nov 25 (Reuters) - Xero Ltd :
* PRICES ZERO COUPON US$700M CONVERTIBLE NOTES DUE 2025
* INITIAL CONVERSION PRICE OF NOTES IS US$134.7246 PER ORDINARY SHARE
* INTENDED THAT NET PROCEEDS OF ABOUT US$685.3M (NYSE:) WILL BE USED TO FUND COSTS OF CALL OPTION TRANSACTIONS, AMONG OTHERS