secwatch.observer — SEC 8-K summary
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Issuer:     GoDaddy Inc. (GDDY)
CIK:        0001609711
Form:       8-K
Filed at:   2023-05-05T23:59:59+00:00
Accession:  0001609711-23-000092
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GoDaddy amends credit agreement to replace LIBOR with Term SOFR for Tranche B-4 loans
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- Seventh Amendment to Second Amended and Restated Credit Agreement, effective May 5, 2023.
- Replaces LIBOR with Term SOFR for Tranche B-4 Term Loans starting July 1, 2023.
- Credit spread adjustments: 0.11448% (1-month), 0.26161% (3-month), 0.42826% (6-month).
- Borrowers: Go Daddy Operating Company, LLC and GD Finance Co, LLC (subsidiaries of GoDaddy).
- Administrative Agent is Royal Bank of Canada; all other terms unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1609711/000160971123000092/0001609711-23-000092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1609711/000160971123000092/gddy-20230505.htm
  HTML page:      https://secwatch.observer/filing/0001609711-23-000092

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer