Web.com reprices senior Credit facility

Web.com Group, Inc. (NASDAQ: WWWW) said it plans to re-price its first lien credit facility.

A lender conference with the company, together with J.P. Morgan Securities LLC, Deutsche Bank Securities Inc., SunTrust Robinson Humphrey, Inc., Goldman Sachs Lending Partners, Citigroup Global Markets Inc. and Wells Fargo Securities, LLC, as joint lead arrangers and joint bookrunners, is scheduled for Friday, October 26, 2012 at 11 a.m. ET.

The company will seek improved terms on the First Lien Credit Facility and its Revolving Credit Facility, and will also seek a $10 million increase in its Revolving Credit Facility to $60 million.

The company entered into the original First Lien Credit Facility on October 27, 2011 in connection with the acquisition of Network Solutions LLC, which provided for a six-year, $600 million First Lien Term Loan and a five-year, Revolving Credit Facility of $50 million. The company also entered into a seven-year, Second Lien Term Loan of $150 million as part of the same acquisition. The Second Lien Term Loan has approximately $120 million outstanding as of September 30, 2012, and the company is not seeking to re-price this loan at this time.

Web.com Group is a provider of online marketing for small businesses. The company’s website is at http://www.web.com.