Flash FinanceUS
Market closed S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · GoDaddy (GDDY)

GoDaddy closes $1.463 billion term loan refinancing, maturing 2029

Neutral Impact 3 of 5 financing Written later

GoDaddy subsidiaries Go Daddy Operating Company and GD Finance Co entered a Twelfth Amendment to their credit agreement, providing a new $1,463 million term loan tranche maturing in 2029. Proceeds were used to refinance all outstanding Existing Tranche B-6 Term Loans. The filing does not report a change in total debt, and the new loans carry a Applicable Margin of 1.75% for SOFR loans and 0.75% for ABR loans.

Key points

  • New $1,463 million term loan tranche maturing in 2029 replaces the Existing Tranche B-6 Term Loans
  • Amortization rate of 1.00% per annum; first installment payable on or about December 31, 2024
  • Applicable Margin of 1.75% for SOFR Loans and 0.75% for ABR Loans
  • Royal Bank of Canada serves as Administrative Agent and Collateral Agent

The filing

CompanyGoDaddy (GDDY)
Form8-K, current report
Filed with the SECDec 16, 2024, 5:03 PM ET
Accession number0001609711-24-000205

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 16, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.