Subsequent Events

3 Months Ended

Mar. 31, 2013

Subsequent Events

Subsequent Events

7. Subsequent Events

In April 2013, we made a one-time principal payment of $129.8 million on Holdings’ senior PIK notes. This prepayment was the amount of previously capitalized PIK interest required to be paid to prevent the senior PIK notes from being treated as “applicable high yield discount obligations” within the meaning of Section 163(i)(1) of the Internal Revenue Code. We funded this payment with cash available from operations and amounts drawn on the asset-based revolving credit facility.