XML 58 R40.htm IDEA: XBRL DOCUMENT v3.20.4
Debt (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Summary of Outstanding Debt
The following is a summary of the Company's outstanding debt as of December 31:
(Amounts in millions, except percentages)20202019
7.00% first lien credit facility due 2023
$635.3 $641.8 
13.00% second lien credit facility due 2024
254.6 251.4 
Senior secured credit facilities889.9 893.2 
Unamortized debt issuance costs and debt discounts(32.1)(42.9)
Total debt, net$857.8 $850.3 
Credit Agreement Quarterly Financial Covenants The table below summarizes the Revolver Financial Covenants Under the First Lien Credit Agreement, the interest coverage, first lien and total leverage ratio covenants, which are calculated based on the four-fiscal quarter period ending on each quarter end beginning September 30, 2019 through the maturity of the First Lien Credit Facility:
 Interest Coverage Minimum RatioFirst Lien Leverage Ratio Not to ExceedTotal Leverage Ratio Not to Exceed
July 1, 2019 through June 30, 2020
2.50:1
3.750:1
5.125:1
July 1, 2020 through December 31, 2020
2.50:1
3.500:1
5.000:1
January 1, 2021 through maturity
2.50:1
3.000:1
4.500:1