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LONG-TERM DEBT (Tables)
9 Months Ended
May 02, 2020
Debt Disclosure [Abstract]  
Schedule of Debt
The Company’s long-term debt consisted of the following:
(in thousands)
Average Interest Rate at
May 2, 2020
 
Calendar Maturity Year
 
May 2,
2020
 
August 3,
2019
Term Loan Facility
4.65%
 
2025
 
$
1,777,500

 
$
1,864,900

ABL Credit Facility
1.96%
 
2023
 
816,000

 
1,080,000

Other secured loans
5.20%
 
2023-2024
 
52,358

 
57,649

Debt issuance costs, net
 
 
 
 
(48,030
)
 
(54,891
)
Original issue discount on debt
 
 
 
 
(36,952
)
 
(41,175
)
Long-term debt, including current portion
 
 
 
 
2,560,876

 
2,906,483

Less: current portion of long-term debt
 
 
 
 
(19,219
)
 
(87,433
)
Long-term debt
 
 
 
 
$
2,541,657

 
$
2,819,050


Schedule of Line of Credit Facilities
The assets included in the Condensed Consolidated Balance Sheets securing the outstanding obligations under the ABL Credit Facility on a first-priority basis, and the unused credit and fees under the ABL Credit Facility, were as follows:
Assets securing the ABL Credit Facility (in thousands)(1):
May 2, 2020
Certain inventory assets included in Inventories and Current assets of discontinued operations
$
2,099,976

Certain receivables included in Accounts receivables, net and Current assets of discontinued operations
$
1,197,501

(1)
The ABL Credit Facility is also secured by all of the Company’s pharmacy scripts, which are included in Long-term assets of discontinued operations in the Condensed Consolidated Balance Sheets as of May 2, 2020.

Unused credit and fees under the ABL Credit Facility (in thousands, except percentages):
May 2, 2020
Outstanding letters of credit
$
95,057

Letter of credit fees
1.375
%
Unused credit
$
1,153,861

Unused facility fees
0.25
%