---
schema_version: "secwatch.filing_event.v1"
accession: "0001609711-23-000122"
form_type: "8-K"
ticker: "GDDY"
cik: "0001609711"
company_name: "GoDaddy Inc."
filed_at: "2023-07-19T23:59:59+00:00"
generated_at: "2026-06-13T06:23:28.114700+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# GoDaddy refinances $1.761B term loans, new tranche matures 2029

## Summary
- Entered Eighth Amendment to Credit Agreement on July 19, 2023.
- Proceeds from $1.761B Replacement Term Loans refinanced all outstanding Existing Amendment No. 6 Term Loans.
- New loans mature in 2029; amortization rate 1.00% per annum, first payment Sept 30, 2023.
- Initial Applicable Margin: 2.50% for SOFR Loans, 1.50% for ABR Loans.

## SEC filing metadata
- accession: 0001609711-23-000122
- form_type: 8-K
- ticker: GDDY
- cik: 0001609711
- company_name: GoDaddy Inc.
- filed_at: 2023-07-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1609711/000160971123000122/0001609711-23-000122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1609711/000160971123000122/gddy-20230719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001609711-23-000122
- JSON: https://secwatch.observer/filing/0001609711-23-000122.json
- Plain text: https://secwatch.observer/filing/0001609711-23-000122.txt

## Key facts
- Debt Financings
  GoDaddy Inc. incurred term loan of $1,761 million at initial Applicable Margin is (i) 2.50% for the Replacement Term Loans that are S maturing 2029.
  - Instrument: term loan
  - Principal: $1,761 million
  - Rate: initial Applicable Margin is (i) 2.50% for the Replacement Term Loans that are S
  - Maturity: 2029
  - Event: incurrence
  source text: The Eighth Amendment provides for a new $1,761 million tranche of term loans maturing in 2029 (the “Replacement Term Loans”), the proceeds of which were used to refinance all outstanding Existing Amendment No. 6 Term Loans. The amortization rate for the Replacement Term Loans is 1.00% per annum and the first installment shall be payable on or about September 30, 2023. Pursuant to the Eighth Amendment, the initial Applicable Margin is (i) 2.50% for the Replacement Term Loans that are SOFR Loans and (ii) 1.50% for the Replacement Term Loans that are ABR Loans.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1609711/000160971123000122/0001609711-23-000122-index.htm
- Material Agreements
  GoDaddy Inc. amended Eighth Amendment with Royal Bank of Canada, as administrative agent, and the lenders party thereto valued at $1,761 million (effective 2023-07-19).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Royal Bank of Canada, as administrative agent, and the lenders party thereto
  - Value: $1,761 million
  - Effective: 2023-07-19
  source text: On July 19, 2023, Go Daddy Operating Company, LLC and GD Finance Co, LLC (each, a direct or indirect subsidiary of GoDaddy Inc. and together, the “Borrowers”) entered into an Eighth Amendment (the “Eighth Amendment”) in respect of the Second Amended and Restated Credit Agreement dated as of February 15, 2017 (as amended by Amendment No. 1, dated as of November 22, 2017, as further amended by the Joinder and Amendment Agreement, dated as of June 4, 2019, as further amended by Amendment No. 3, dated as of October 3, 2019, as further amended by the Joinder and Fourth Amendment Agreement, dated as of August 10, 2020, as further amended by the Fifth Amendment Agreement, dated as of March 8, 2021, as further amended by the Joinder and Sixth Amendment Agreement, dated as of November 10, 2022, as further amended by the Seventh Amendment Agreement, dated as of May 3, 2023, and as further amended, restated, supplemented or otherwise modified, refinanced or replaced from time to time, the “Credit
  evidence_url: https://www.sec.gov/Archives/edgar/data/1609711/000160971123000122/0001609711-23-000122-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
