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Long-Term Obligations (Tables)
12 Months Ended
Dec. 31, 2016
Summary of Long-term Obligations

Long-term obligations are carried at amortized cost. At December 31, 2016 and 2015 long-term obligations consisted of the following:

 

 

 

December 31,

 

(Amounts in thousands)

 

2016

 

 

2015

 

Senior Secured Term Loan Facility, due 2018 (paid in 2016)

 

$

 

 

$

1,813,250

 

Accounts Receivable Securitization Facility, due 2018

 

 

34,000

 

 

 

 

Senior Secured Term Loan Facility, due 2019

 

 

8,814

 

 

 

336,875

 

Senior Secured A Term Loan Facility, due 2021

 

 

641,875

 

 

 

 

Senior Secured B Term Loan Facility, due 2021

 

 

258,702

 

 

 

250,000

 

4 3/4% Senior Secured Notes, due 2021

 

 

400,000

 

 

 

 

5 3/8% Senior Notes, due 2022

 

 

1,000,000

 

 

 

1,000,000

 

Senior Secured B Term Loan Facility, due 2023

 

 

865,655

 

 

 

 

Unamortized value of debt issuance costs (1)

 

 

(39,374

)

 

 

(57,062

)

Net carrying value

 

 

3,169,672

 

 

 

3,343,063

 

Less: current maturities

 

 

(39,709

)

 

 

(24,375

)

Long-term obligations

 

$

3,129,963

 

 

$

3,318,688

 

 

Future Maturities of Long-term Debt

Future maturities of long-term debt, in thousands, are:

 

Year Ending December 31,

 

Amount

 

2017

 

$

39,709

 

2018

 

$

89,959

 

2019

 

$

81,024

 

2020

 

$

76,272

 

2021

 

$

1,099,818

 

Thereafter

 

$

1,822,264

 

 

Senior Notes [Member] | 2021 [Member]  
Subordinated Notes

 

Year

 

Percentage

 

2018

 

 

102.375

 

2019

 

 

101.188

 

2020 and thereafter

 

 

100.000

 

 

Senior Notes [Member] | Senior Notes 2022 [Member]  
Subordinated Notes

 

Year

 

Percentage

 

2017

 

 

104.031

 

2018

 

 

102.688

 

2019

 

 

101.344

 

2020 and thereafter

 

 

100.000