secwatch.observer — SEC 8-K summary
======================================

Issuer:     GoDaddy Inc. (GDDY)
CIK:        0001609711
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0001609711-24-000009
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GoDaddy closes $1,752M term loan refinancing; new tranche matures 2029
----------------------------------------------------------------------

- New $1,752 million Replacement Term Loans issued under Tenth Amendment to Credit Agreement.
- Proceeds used to refinance all outstanding Existing Tranche B-5 Term Loans.
- Amortization rate 1.00% p.a.; first installment due March 31, 2024.
- Applicable Margin: 2.00% for SOFR Loans, 1.00% for ABR Loans.
- Maturity extended to 2029 from prior tranche's maturity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1609711/000160971124000009/0001609711-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1609711/000160971124000009/gddy-20240122.htm
  HTML page:      https://secwatch.observer/filing/0001609711-24-000009

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