GoDaddy upsizes revolving credit facility to $1.2B, extends maturity to 2031

GoDaddy Inc.

New $1.2B revolving credit facility replaces existing $1.0B facility.
Maturity date set to July 31, 2031, with springing maturity trigger for certain debt >$500M.
Interest margins range from 1.25%-1.75% (SOFR/EURIBOR/SONIA) or 0.25%-0.75% (base rate) based on leverage.
Financial covenant requires first lien net leverage ≤5.75x when facility utilization ≥40%.

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