April 14 (Reuters) - Zip Co Ltd Z1P.AX :
* ANNOUNCES A$400 MILLION SENIOR CONVERTIBLE NOTES OFFERING
* LAUNCHED AN OFFERING OF A$400M SENIOR UNSECURED CONVERTIBLE NOTES DUE 2028
* LARRY DIAMOND AND PETER GRAY HAVE EXPRESSED AN INTENTION TO SELL A SMALL PORTION OF THEIR HOLDINGS
* INTENDED THAT PROCEEDS OF OFFERING WILL BE USED TO, AMONG OTHERS, EXPAND INTO NEW REGIONS
* INTENDED THAT NOTES WILL BE LISTED ON OFFICIAL LIST OF SINGAPORE EXCHANGE SECURITIES TRADING LIMITED
* SALE OF CO-FOUNDERS' PORTIONS OF HOLDINGS IS INTENDED TO BE EXECUTED IN CONJUNCTION WITH DELTA PLACEMENT