GoDaddy said its Borrowers, Go Daddy Operating Company, LLC and GD Finance Co, LLC, allocated a $1,463 million tranche of term loans maturing in 2029 (the Replacement Term Loans), the company said on December 5, 2024.

8-KOther EventsFiled Dec 5, 2024Period of report Dec 5, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

GoDaddy said its Borrowers, Go Daddy Operating Company, LLC and GD Finance Co, LLC, allocated a $1,463 million tranche of term loans maturing in 2029 (the Replacement Term Loans), the company said on December 5, 2024.
The company said the proceeds of the Replacement Term Loans will be used to refinance all outstanding Tranche B-6 Term Loans under the Second Amended and Restated Credit Agreement.
GoDaddy said the transactions are subject to conditions and are expected to close in Q4 2024. It added that there can be no assurance that the Borrowers will be able to complete the transactions on the terms described, or at all.
GoDaddy disclosed that the parties to the Credit Agreement are the Borrowers, Desert Newco, LLC and the lending institutions, and that Royal Bank of Canada serves as Administrative Agent, Collateral Agent, Swingline Lender and Letter of Credit Issuer.

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.

$1,463 million Replacement Term Loans Allocated, Maturing 2029

GoDaddy said its Borrowers, Go Daddy Operating Company, LLC and GD Finance Co, LLC, allocated a $1,463 million tranche of term loans maturing in 2029 (the Replacement Term Loans), the company said on December 5, 2024.

Source · Based on the filing body and exhibits

Purpose: Full Refinancing of Tranche B-6 Term Loans

The company said the proceeds of the Replacement Term Loans will be used to refinance all outstanding Tranche B-6 Term Loans under the Second Amended and Restated Credit Agreement.

Source · Based on the filing body and exhibits

Closing Timing and Conditions

GoDaddy said the transactions are subject to conditions and are expected to close in Q4 2024. It added that there can be no assurance that the Borrowers will be able to complete the transactions on the terms described, or at all.

Source · Based on the filing body and exhibits

Credit Agreement Parties and Administrative Agent

GoDaddy disclosed that the parties to the Credit Agreement are the Borrowers, Desert Newco, LLC and the lending institutions, and that Royal Bank of Canada serves as Administrative Agent, Collateral Agent, Swingline Lender and Letter of Credit Issuer.

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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