debt
confidence high
sentiment neutral
materiality 0.50
GoDaddy allocates $1B replacement term loans maturing 2031 to refinance existing debt
GoDaddy Inc.
- Allocated $1,000 million Replacement Term Loans maturing in 2031.
- Will refinance all outstanding Tranche B-4 Term Loans and up to $278M of Tranche B-6 Term Loans.
- Transaction expected to close in Q2 2024; subject to customary conditions.
- Refinancing extends maturity profile; no change to total debt amount disclosed.