LPC: Corporate borrowers rush to refinance despite weaker market Fri, 17 Nov 2017 16:51:00 +0000 US companies are rushing to complete opportunistic refinancings and repricings in the leveraged loan market as slumping secondary prices reflect turbulence in the high-yield bond market and indicate a possible pricing correction in loans. The market has seen a fresh wave of repricing deals in recent weeks as companies seek to take advantage of near-perfect market conditions to reduce their borrowing costs. At least 18 US companies launched or completed repricings this week, including a US$2.5bn term loan for domain name provider GoDaddy and a US$2.2bn deal for foodservice distributor US Foods.
GoDaddy Inc. To Present At The Barclays Global TMT Conference Wed, 15 Nov 2017 18:27:00 +0000 SCOTTSDALE, Ariz. , Nov. 15, 2017 /PRNewswire/ -- GoDaddy Inc. (NYSE: GDDY), the world's largest cloud platform dedicated to small, independent ventures, today announced that Marta Nichols, GoDaddy Chief ...
GoDaddy Simplifies Online and Offline Selling for Small Businesses in Partnership with Square Thu, 09 Nov 2017 14:01:00 +0000 SCOTTSDALE, Ariz., Nov. 9, 2017 /PRNewswire/ -- GoDaddy Inc. (GDDY), the world's largest cloud platform dedicated to small, independent ventures, announced two new integrations with Square that help small businesses thrive with online and offline selling and payment capabilities. Increasingly, businesses need to operate both in person and online to succeed. By collaborating with Square, GoDaddy is making this an easy reality for tens of millions of people building small businesses.
GoDaddy posts 23 percent revenue increase in latest quarter Mon, 06 Nov 2017 22:00:16 +0000 GoDaddy Inc. reported a 23 percent increase in revenue due to a growing number of customers and the acquisition of Host Europe Group in December. Scottsdale-based GoDaddy (GDDY) announced it was buying Host Europe Group , the largest privately owned web services provider in Europe, for $1.79 billion. GoDaddy reported net income of $30 million, or 17 cents per share, on revenue of $582.2 million for the third quarter ended Sept. 30.
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