Quarterly report [Sections 13 or 15(d)]

Long-Term Debt (Tables)

v3.25.1
Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2025
Schedule of Long-Term Debt

Long-term debt consists of the following:

 

 

 

March 31,
2025

 

 

December 31,
2024

 

 

 

(in millions)

 

Borrowings under senior secured credit facility, carrying value

 

$

356.5

 

 

$

359.9

 

12.250% senior secured notes due 2029, carrying value

 

 

769.6

 

 

 

768.2

 

4.250% convertible senior notes due 2028, carrying value

 

 

272.3

 

 

 

271.9

 

7.875% senior notes due 2025, carrying value

 

 

197.1

 

 

 

261.8

 

4.875% senior notes due 2029, carrying value

 

 

595.6

 

 

 

595.4

 

Other

 

 

2.6

 

 

 

2.9

 

Total

 

 

2,193.7

 

 

 

2,260.1

 

Less: current portion

 

 

218.7

 

 

 

283.5

 

Long-term portion

 

$

1,975.0

 

 

$

1,976.6

 

Annual Scheduled Principal Payments of Debt

As of March 31, 2025, annual scheduled principal payments of debt were as follows:

 

 

 

Principal Payments

 

 

 

(in millions)

 

2025

 

$

213.7

 

2026

 

 

20.6

 

2027

 

 

20.5

 

2028

 

 

297.6

 

2029

 

 

1,710.0

 

Thereafter

 

 

 

Total

 

$

2,262.4

 

12.250 Senior Secured Notes due 2029 [Member]  
Schedule of Redemption Prices Express as a Percentage of Principal Amount the Company may redeem all or part of the 2029 Secured 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 April 15 of the years indicated below:

 

 

 

Percentage

 

2026

 

 

106.125

 %

2027

 

 

103.063

 %

2028 and thereafter

 

 

100.000

 %

 

4.875% Senior Notes Due 2029 [Member]  
Schedule of Redemption Prices Express as a Percentage of Principal Amount

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

 %