Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Tables)

v3.19.3.a.u2
Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt

Long-term debt consists of the following:

 

 

 

December 31,

 

 

 

2019

 

 

2018

 

 

 

(in millions)

 

Borrowings under senior secured credit facility, carrying value

 

 

965.3

 

 

 

983.6

 

2.00% convertible senior notes due 2019, carrying value of liability component

 

 

 

 

 

656.4

 

2.625% convertible senior notes due 2024, carrying value of liability component

 

 

437.4

 

 

 

416.0

 

7.250% senior notes due 2026, carrying value

 

 

395.3

 

 

 

394.8

 

Other

 

 

5.0

 

 

 

3.0

 

Total

 

 

1,803.0

 

 

 

2,453.8

 

Less: current portion

 

 

24.1

 

 

 

678.9

 

Long-term portion

 

$

1,778.9

 

 

$

1,774.9

 

 

Schedule of Redemption Prices Express as a Percentage of Principal Amount Furthermore, at any time on or after August 15, 2021, the Company may redeem all or part of the 2026 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 August 15 of the years indicated below:

 

 

 

Percentage

 

2021

 

 

103.625

%

2022

 

 

101.813

%

2023 and thereafter

 

 

100.000

%

 

Annual Scheduled Principal Payments of Debt

As of December 31, 2019, annual scheduled principal payments of debt were as follows:

 

 

 

Principal Payments

 

 

 

(in millions)

 

2020

 

$

24.3

 

2021

 

 

28.3

 

2022

 

 

27.9

 

2023

 

 

188.8

 

2024

 

 

557.5

 

Thereafter

 

 

1,103.1

 

Total

 

$

1,929.9