GoDaddy upsizes revolving credit facility to $1.2 billion, extends maturity to 2031
Reuters2026/08/04 10:08Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- GoDaddy Operating Co. entered a credit agreement amendment to upsize and extend its revolving credit facility.
- New revolving credit facility set at USD 1.2 billion, refinancing and replacing the prior USD 1 billion revolver.
- Maturity extended to July 31, 2031, with a springing maturity tied to near-term maturities above USD 500 million.
- Pricing set at 1.25%-1.75% over term SOFR/EURIBOR/SONIA, or 0.25%-0.75% over base rate, based on first lien net leverage.
- Covenant requires first lien net leverage no higher than 5.75:1 when revolver utilization reaches at least 40%.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GoDaddy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001609711-26-000092), on August 04, 2026, and is solely responsible for the information contained therein.
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