debt
confidence high
sentiment neutral
materiality 0.55
GoDaddy completes $1.463B term loan refinancing, extends maturity to 2029
GoDaddy Inc.
- New $1,463 million tranche of Replacement Term Loans due 2029; proceeds refinanced all outstanding Tranche B-6 loans.
- Amortization rate of 1.00% per annum; first installment payable on or about December 31, 2024.
- Applicable Margin: 1.75% for SOFR loans and 0.75% for ABR loans under the amended credit agreement.