GoDaddy upsizes revolving credit facility to $1.2 billion, maturing July 31, 2031
On July 31, 2026, GoDaddy subsidiaries signed an amendment that replaces their existing $1.0 billion revolving credit facility with a new $1.2 billion facility. The filing says the new facility carries a stated maturity of July 31, 2031, and keeps the same leverage covenant as the prior facility, so the change mainly affects the company's borrowing capacity and financing terms.
Key points
- New revolving credit facility of $1.2 billion replaces the existing $1.0 billion facility
- Margin of 1.25% to 1.75% for term SOFR, EURIBOR or SONIA-based loans, and 0.25% to 0.75% for U.S. dollar base rate loans, both based on first lien net leverage ratio
- Stated maturity of July 31, 2031, with a springing maturity tied to certain term loans or debt issuances above $500 million
- Covenant requires a first lien net leverage ratio of no more than 5.75:1.00 when utilization is at least 40% of commitments
The filing
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 August 03, 2026.
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.