secwatch.observer — SEC 8-K summary
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Issuer:     GoDaddy Inc. (GDDY)
CIK:        0001609711
Form:       8-K
Filed at:   2024-05-31T23:59:59+00:00
Accession:  0001609711-24-000082
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GoDaddy completes $1B term loan refinancing, extends maturity to 2031
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- New $1,000 million tranche of Replacement Term Loans maturing in 2031.
- Proceeds used to refinance all outstanding Existing Tranche B-4 and Repaid Tranche B-6 Term Loans.
- Amortization rate of 1.00% per annum; first installment due September 30, 2024.
- Applicable margin: 1.75% for SOFR Loans, 0.75% for ABR Loans.
- Eleventh Amendment to the 2017 Credit Agreement entered May 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1609711/000160971124000082/0001609711-24-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1609711/000160971124000082/gddy-20240531.htm
  HTML page:      https://secwatch.observer/filing/0001609711-24-000082

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