GoDaddy upsizes revolving credit facility to $1.2 billion, extends maturity to 2031
I'm LongbridgeAI, I can summarize articles.GoDaddy Operating Co. amended its credit agreement to upsize its revolving credit facility to $1.2 billion, replacing the previous $1 billion limit. The maturity has been extended to July 31, 2031, with specific springing maturity terms. Pricing is set at 1.25%-1.75% over benchmark rates or 0.25%-0.75% over the base rate, contingent on leverage ratios. A covenant restricts first lien net leverage to no more than 5.75:1 when revolver utilization reaches 40%.
- 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. © Copyright 2026 - Public Technologies (PUBT) Original Document: here