AI English summary of an SEC filing — figures as filed

The company said the Twelfth Amendment created new term loans, the Replacement Term Loans, maturing in 2029 in a $1,463 million tranche, and that proceeds were used to repay all outstanding Existing Tranche B-6 Term Loans.

8-KEntry into a Material Definitive AgreementFiled Dec 16, 2024Period of report Dec 16, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

The company said the Twelfth Amendment created new term loans, the Replacement Term Loans, maturing in 2029 in a $1,463 million tranche, and that proceeds were used to repay all outstanding Existing Tranche B-6 Term Loans.
The company said the amortization rate on the Replacement Term Loans is 1.00% per annum and the first installment is payable on or about December 31, 2024.
The company said that under the Twelfth Amendment, the Applicable Margin is 1.75% for Replacement Term Loans that are SOFR Loans and 0.75% for those that are ABR Loans.
GoDaddy said that on December 16, 2024, its subsidiaries Go Daddy Operating Company, LLC and GD Finance Co, LLC entered into the Twelfth Amendment to the Credit Agreement, with Royal Bank of Canada as Administrative Agent.

Summary

AI-written

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 in New Replacement Term Loans

The company said the Twelfth Amendment created new term loans, the Replacement Term Loans, maturing in 2029 in a $1,463 million tranche, and that proceeds were used to repay all outstanding Existing Tranche B-6 Term Loans.

Source · Based on the filing body and exhibits

Replacement Term Loans Repayment Terms

The company said the amortization rate on the Replacement Term Loans is 1.00% per annum and the first installment is payable on or about December 31, 2024.

Source · Based on the filing body and exhibits

Applicable Margin: SOFR 1.75%, ABR 0.75%

The company said that under the Twelfth Amendment, the Applicable Margin is 1.75% for Replacement Term Loans that are SOFR Loans and 0.75% for those that are ABR Loans.

Source · Based on the filing body and exhibits

Twelfth Amendment Parties and Date

GoDaddy said that on December 16, 2024, its subsidiaries Go Daddy Operating Company, LLC and GD Finance Co, LLC entered into the Twelfth Amendment to the Credit Agreement, with Royal Bank of Canada as Administrative Agent.

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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