Long-term Debt (Tables)

9 Months Ended

Sep. 30, 2020

The Company’s total indebtedness as of September 30, 2020 and December 31, 2019 consisted of the following:


	September 30, 2020		December 31, 2019
	(Dollars in millions)
6.000% Senior Secured Notes due March 2022	$	459.0	$	459.0
6.375% Senior Secured Notes due March 2025	500.0		500.0
Senior Secured Term Loan due 2025, net of original issue discount	389.2		392.1
Revolving credit facility	230.0		—
Secured borrowing under receivables securitization program	60.0		—
Finance lease obligations	8.0		15.2
Less: Debt issuance costs	(46.1)		(55.5)
	1,600.1		1,310.8
Less: Current portion of long-term debt	1,600.1		18.3
Long-term debt	$	—	$	1,292.5

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details