From the 8.1 documentation about the event
Code:
CHAT_MSG_GUILD
PAYLOAD:
text, Type = string, Nilable = false
playerName, Type = string, Nilable = false
languageName, Type = string, Nilable = false
channelName, Type = string, Nilable = false
playerName2, Type = string, Nilable = false
specialFlags, Type = string, Nilable = false
zoneChannelID, Type = number, Nilable = false
channelIndex, Type = number, Nilable = false
channelBaseName, Type = string, Nilable = false
unused, Type = number, Nilable = false
lineID, Type = number, Nilable = false
guid, Type = string, Nilable = false
bnSenderID, Type = number, Nilable = false
isMobile, Type = bool, Nilable = false
isSubtitle, Type = bool, Nilable = false
hideSenderInLetterbox, Type = bool, Nilable = false
supressRaidIcons, Type = bool, Nilable = false
arg1 would be the text, arg2 the player name. Mind you, it doesn't appear to have changed from 8.0.1.