The company said the Borrowers, Go Daddy Operating Company, LLC and GD Finance Co, LLC, allocated a $1,000 million tranche of replacement term loans maturing in 2031 (the "Replacement Term Loans") on May 21, 2024.

8-KOther EventsFiled May 21, 2024Period of report May 21, 2024Summary published (UTC) Oct 26, 2026

Key points

AI summary

The company said the Borrowers, Go Daddy Operating Company, LLC and GD Finance Co, LLC, allocated a $1,000 million tranche of replacement term loans maturing in 2031 (the "Replacement Term Loans") on May 21, 2024.
GoDaddy said the Borrowers intend to refinance and extend the maturity of all outstanding Tranche B-4 Term Loans and up to $278 million of outstanding Tranche B-6 Term Loans.
The company said the transactions are subject to conditions and expects them to close in Q2 2024, adding that the Borrowers may not be able to complete the transactions on the terms described above, or at all.
The company disclosed that the Term Loan Refinancing is governed by the Second Amended and Restated Credit Agreement dated as of February 15, 2017, with Royal Bank of Canada serving as Administrative Agent, Collateral Agent and others.

Summary

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Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

$1,000 million Replacement Term Loans Allocated, Maturing 2031

The company said the Borrowers, Go Daddy Operating Company, LLC and GD Finance Co, LLC, allocated a $1,000 million tranche of replacement term loans maturing in 2031 (the "Replacement Term Loans") on May 21, 2024.

Source · Based on the filing body and exhibits

Refinancing of All Tranche B-4 and Up to $278 million of Tranche B-6 Term Loans

GoDaddy said the Borrowers intend to refinance and extend the maturity of all outstanding Tranche B-4 Term Loans and up to $278 million of outstanding Tranche B-6 Term Loans.

Source · Based on the filing body and exhibits

Expected Closing in Q2 2024 and Uncertainties

The company said the transactions are subject to conditions and expects them to close in Q2 2024, adding that the Borrowers may not be able to complete the transactions on the terms described above, or at all.

Source · Based on the filing body and exhibits

Transaction Under Second Amended and Restated Credit Agreement

The company disclosed that the Term Loan Refinancing is governed by the Second Amended and Restated Credit Agreement dated as of February 15, 2017, with Royal Bank of Canada serving as Administrative Agent, Collateral Agent and others.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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