debt
confidence high
sentiment neutral
materiality 0.55
GoDaddy allocates $1.752B refinancing of term loans with new 2029 maturity
GoDaddy Inc.
- Borrowers allocated $1.752 billion in Replacement Term Loans maturing in 2029.
- Proceeds will refinance all outstanding Tranche B-5 Term Loans under the existing Credit Agreement.
- Transaction expected to close in Q1 2024; subject to conditions and no assurance of completion.