Equity (Tables)

9 Months Ended

Mar. 31, 2020

Equity [Abstract]

Schedule of Redeemable Preferred Stock

the proceeds of the issuance were allocated as follows:

(Dollars in millions)
Issuance of Series A Preferred Stock	$	650.0
Stock issuance costs	(3.7)
Net of stock issuance costs	646.3
Derivative liability (Portion of preferred stock allocated to dividend adjustment at inception - see Note 10)	(39.7)
Net proceeds from Series A Preferred Stock issuance	$	606.6