GoDaddy Inc. Announces Refinancing of Tranche B-4 Term Loans
GDDYGoDaddy(GDDY) prnewswire.com·2024-05-22 04:45

TEMPE, Ariz., May 21, 2024 /PRNewswire/ -- GoDaddy Inc. (NYSE: GDDY) today announced Go Daddy Operating Company, LLC and GD Finance Co, LLC (together with Go Daddy Operating Company, LLC, the "Borrowers") allocated a 1,000milliontranche(the"ReplacementTermLoans")oftermloansmaturingin2031,andinconnectiontherewith,theBorrowersintendtorefinanceandextendthematuritydateofalloutstandingTrancheB−4Loansandupto1,000 million tranche (the "Replacement Term Loans") of term loans maturing in 2031, and in connection therewith, the Borrowers intend to refinance and extend the maturity date of all outstanding Tranche B-4 Loans and up to 278 million of outstanding Tranche B-6 Term Loans, in each case, unde ...