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 $1,000 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, under the Second Amended and Restated Credit Agreement, dated as of February 15, 2017 (as amended, restated, supplemented or otherwise modified, refinanced or replaced from time to time, the "Credit Agreement"), by and among the Borrowers, Desert Newco, LLC, the lenders and the other parties thereto (such refinancing and extensions, the "Term Loan Refinancing"). Capitalized terms used herein, but not otherwise defined herein are as defined in the Credit Agreement.
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