debt
confidence high
sentiment neutral
materiality 0.60
GoDaddy refinances $1.463B in tranche B-6 term loans with 2029 maturity
GoDaddy Inc.
- Allocated $1.463B in Replacement Term Loans due 2029 to refinance all outstanding Tranche B-6 loans.
- Refinancing expected to close in Q4 2024, subject to customary conditions.
- Proceeds will fully repay existing Tranche B-6 Term Loans under the Credit Agreement.