secwatch / observer
8-K filed January 23, 2024, 6:59 PM ET ticker GDDY CIK 0001609711
debt confidence high sentiment neutral materiality 0.55

GoDaddy Inc. (GDDY): debt financing — GoDaddy closes $1,752M term loan refinancing; new tranche matures 2029

GoDaddy Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

GoDaddy Inc. incurred term loan of $1,752 million with Royal Bank of Canada at 2.00% for the Replacement Term Loans that are SOFR Loans and (i) 1.00% for the R maturing 2029.

Instrument
term loan
Principal
$1,752 million
Counterparty
Royal Bank of Canada
Rate
2.00% for the Replacement Term Loans that are SOFR Loans and (i) 1.00% for the R
Maturity
2029
Event
incurrence
Exact text from the filing
The Tenth Amendment provides for a new $1,752 million tranche of term loans maturing in 2029 (the "Replacement Term Loans"), the proceeds of which were used to refinance all outstanding Existing Tranche B-5 Term Loans.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

GoDaddy Inc. amended Tenth Amendment with Royal Bank of Canada as the Administrative Agent, the Collateral Agent, the Swingline Lender and a Letter of Credit Issuer valued at $1,752 million (effective 2024-01-22).

Action
amendment
Agreement
credit facility
Counterparty
Royal Bank of Canada as the Administrative Agent, the Collateral Agent, the Swingline Lender and a Letter of Credit Issuer
Value
$1,752 million
Effective
2024-01-22
Exact text from the filing
On January 22, 2024, 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 a Tenth Amendment (the “Tenth Amendment”) to the Second Amended and Restated Credit Agreement
View on SEC.gov

283 debt financings filed in the last 30 days. Browse all debt financings →

GoDaddy Inc. filing history →

Source: SEC EDGAR
accession 0001609711-24-000009
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.