Go Daddy to launch $740.6 million secured term loan on Friday

By Sara Rosenberg

New York, Jan. 24 - Go Daddy Operating Co. LLC is set to hold a lender call at 10:30 a.m. ET on Friday to launch a $740.6 million senior secured term loan due Dec. 16, 2018, according to a market source.

Barclays, Deutsche Bank Securities Inc. and RBC Capital Markets LLC are the lead banks on the deal.

Price talk and use of proceeds for the term loan are not yet available, the source said.

Go Daddy is a Scottsdale, Ariz.-based provider of web hosting and domain names.

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