Quarterly report [Sections 13 or 15(d)]

Long-Term Debt (Tables)

v3.26.1
Long-Term Debt (Tables)
 6 Months Ended
Jun. 30, 2026
Schedule of Long-Term Debt

Long-term debt consists of the following:

 

 

 

June 30,
2026

 

 

December 31,
2025

 

 

 

(in millions)

 

Borrowings under senior secured credit facility, carrying value

 

$

356.9

 

 

$

346.3

 

12.250% senior secured notes due 2029, carrying value

 

 

—

 

 

 

774.1

 

7.750% senior secured notes due 2033, carrying value

 

 

785.7

 

 

 

—

 

4.250% convertible senior notes due 2028, carrying value

 

 

274.2

 

 

 

273.4

 

4.875% senior notes due 2029, carrying value

 

 

596.8

 

 

 

596.3

 

Other

 

 

2.1

 

 

 

2.5

 

Total

 

 

2,015.7

 

 

 

1,992.6

 

Less: current portion

 

 

12.0

 

 

 

20.9

 

Long-term portion

 

$

2,003.7

 

 

$

1,971.7

 
Annual Scheduled Principal Payments of Debt

As of June 30, 2026, annual scheduled principal payments of debt were as follows:

 

 

 

Principal Payments

 

 

 

(in millions)

 

2026

 

$

6.0

 

2027

 

 

11.9

 

2028

 

 

289.3

 

2029

 

 

611.7

 

2030

 

 

11.5

 

Thereafter

 

 

1,109.2

 

Total

 

$

2,039.6

 
7.750% Senior Secured Notes due 2033 [Member]  
Schedule of Redemption Prices Express as a Percentage of Principal Amount the Company may redeem all or part of the 2033 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 May 1 of the years indicated below:

 

 

 

Percentage

 

2029

 

 

103.875

 %

2030

 

 

101.938

 %

2031 and thereafter

 

 

100.000

 %