Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Tables)

v3.22.4
Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2022
Schedule of Long-Term Debt

Long-term debt consists of the following:

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

 

(in millions)

 

Borrowings under senior secured credit facility, carrying value

 

$

971.3

 

 

$

1,088.6

 

2.625% convertible senior notes due 2024, carrying value

 

 

261.2

 

 

 

486.0

 

4.250% convertible senior notes due 2028, carrying value

 

 

269.1

 

 

 

 

7.875% senior notes due 2025, carrying value

 

 

595.6

 

 

 

594.2

 

4.875% senior notes due 2029, carrying value

 

 

593.6

 

 

 

592.8

 

Other

 

 

1.2

 

 

 

1.0

 

Total

 

 

2,692.0

 

 

 

2,762.6

 

Less: current portion

 

 

29.5

 

 

 

29.4

 

Long-term portion

 

$

2,662.5

 

 

$

2,733.2

 

Annual Scheduled Principal Payments of Debt

As of December 31, 2022, annual scheduled principal payments of debt were as follows:

 

 

 

Principal Payments

 

 

 

(in millions)

 

2023

 

$

29.5

 

2024

 

 

299.0

 

2025

 

 

1,510.8

 

2026

 

 

0.1

 

2027

 

 

 

Thereafter

 

 

877.5

 

Total

 

$

2,716.9

 

7.875% Senior Notes Due 2025 [Member]  
Schedule of Redemption Prices Express as a Percentage of Principal Amount

The Company may redeem all or part of the 2025 Notes at the following redemption prices, expressed as percentages of principal amount, plus accrued and unpaid interest thereon to the redemption date, if redeemed during the twelve-month period beginning on September 1 of the years indicated below:

 

 

 

Percentage

 

2022

 

 

103.938

%

2023

 

 

101.969

%

2024 and thereafter

 

 

100.000

%

4.875% Senior Notes Due 2029 [Member]  
Schedule of Redemption Prices Express as a Percentage of Principal Amount Furthermore, at any time on or after June 1, 2024, the Company may redeem all or part of the 2029 Notes at the following redemption prices, expressed as percentages of principal amount, plus accrued and unpaid interest thereon to the redemption date, if redeemed during the twelve-month period beginning on June 1 of the years indicated below:

 

 

 

Percentage

 

2024

 

 

102.438

%

2025

 

 

101.219

%

2026 and thereafter

 

 

100.000

%