April 24, 2017 7:41 AM ET

Internet Software and Services

Company Overview of Go Daddy Operating Company, LLC

Company Overview

Go Daddy Operating Company, LLC operates as website hosting provider. The company consists of eight ICANN- accredited domain name registrar. Go Daddy Operating Company, LLC was incorporated in 2011 and is based in Scottsdale, Arizona. Go Daddy Operating Company, LLC operates as a subsidiary of The Go Daddy Group, Inc.

14455 North Hayden Road

Suite 219

Scottsdale, AZ 85260

United States

Founded in 2011

Key Executives for Go Daddy Operating Company, LLC

Go Daddy Operating Company, LLC does not have any Key Executives recorded.

Go Daddy Operating Company, LLC Key Developments

Desert Newco LLC, Go Daddy Operating Company, LLC and GD Finance Co, Inc. Enters into First Amended and Restated Credit Agreement

On February 15, 2017, Desert Newco LLC, Go Daddy Operating Company, LLC and GD Finance Co, Inc. (together with the Existing Borrower, the Borrowers"), the lenders or other financial institutions or entities from time to time party thereto and Barclays Bank PLC, as Administrative Agent, Collateral Agent, Swingline Lender and Letter of Credit Issuer (the Agent") entered into Amendment No. 5 (the Amendment Agreement"), to the First Amended and Restated Credit Agreement, dated as of May 13, 2014, by and among Desert Newco, the Existing Borrower and the lenders or other financial institutions or entities from time to time party thereto and the Agent (the Existing Credit Agreement"). Under the terms of the Amendment Agreement, the Existing Credit Agreement will be amended and restated (the Amended and Restated Credit Agreement") to provide for: (i) a $1,072.5 million seven-year term loan (the "Series B Term Loan"), (ii) a second contingent $1,425.0 million tranche (the "Acquisition Term Loan"), which is intended to provide a portion of the financing for GoDaddy Inc.'s (the Company") previously announced proposed acquisition of Host Europe Holdings Limited (HEG") and (iii) a $150.0 million five-year revolving credit facility, which will increase to $200.0 million upon the closing of acquisition of HEG (the "Refinanced Revolving Credit Loan"). The Series B Term Loan and the Acquisition Term Loan will be fungible. The Series B Term Loan was issued at a 0.25% discount at original issue for net proceeds of $1,069.8 million. The Series B Term Loan matures on February 15, 2024 and bears interest at a rate per annum of LIBOR plus 2.50%. The company drew down on the Series B Term Loan and used the net proceeds to repay all amounts outstanding under the Company's existing term loan.

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Recent Private Companies Transactions

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