XML 43 R30.htm IDEA: XBRL DOCUMENT v3.7.0.1
Long-Term Debt (Tables)
12 Months Ended
Jun. 30, 2017
Long-Term Debt [Abstract]  
Schedule of Debt

As of June 30, 2017 and 2016, long-term debt was as follows:

 

 

 

 

 

 

 

 

 

    

2017

    

2016

 

 

 

(in millions)

Term Loan Facility due 2021

 

$

498.8

 

$

1,837.4

 

Term Loan Facility due 2024

 

 

1,429.9

 

 

 —

 

6.00% Senior Unsecured Notes due 2023

 

 

1,430.0

 

 

1,430.0

 

6.375% Senior Unsecured Notes due 2025

 

 

900.0

 

 

900.0

 

5.75% Senior Unsecured Notes due 2027

 

 

1,350.0

 

 

 —

 

Total debt obligations

 

 

5,608.7

 

 

4,167.4

 

Unamortized discount on Term Loan Facility

 

 

(16.0)

 

 

(19.0)

 

Unamortized premium on 6.00% Senior Unsecured Notes due 2023

 

 

5.5

 

 

6.3

 

Unamortized discount on 6.375% Senior Unsecured Notes due 2025

 

 

(14.3)

 

 

(15.6)

 

Unamortized premium on 5.75% Senior Unsecured Notes due 2027

 

 

21.6

 

 

 —

 

Unamortized debt issuance costs

 

 

(67.8)

 

 

(53.8)

 

Carrying value of debt

 

 

5,537.7

 

 

4,085.3

 

Less current portion

 

 

(5.0)

 

 

 —

 

Long-term debt, less current portion

 

$

5,532.7

 

$

4,085.3

 

 

Schedule of Debt Instrument Redemption Price

On or after April 1, 2018 (for the 2023 Unsecured Notes), May 1, 2020 (for the 2025 Unsecured Notes), or January 15, 2022 (for the 2027 Unsecured Notes), the Company may redeem all or part of the applicable Notes, at the redemption prices (expressed as percentages of principal amount and set forth below), plus accrued and unpaid interest and additional interest, if any, thereon, to the applicable redemption date, subject to the rights of the holders of the Notes on the relevant record date to receive interest due on the relevant interest payment date, if redeemed during the 12-month period of the years indicated below:

 

 

 

 

 

 

 

 

Redemption Price

 

Year

 

    

(2023 Unsecured Notes)

 

2018

 

 

104.500  

%

2019

 

 

103.000  

%

2020

 

 

101.500  

%

2021 and thereafter

 

 

100.000  

%

 

 

 

 

 

 

 

 

 

 

Redemption Price

 

Year

 

    

(2025 Unsecured Notes)

 

2020

 

 

103.188  

%

2021

 

 

102.125  

%

2022

 

 

101.063  

%

2023 and thereafter

 

 

100.000  

%

 

 

 

 

 

 

 

 

 

 

Redemption Price

 

Year

 

    

(2027 Unsecured Notes)

 

2022

 

 

102.875  

%

2023

 

 

101.917  

%

2024

 

 

100.958  

%

2025 and thereafter

 

 

100.000  

%

 

Schedule of Future Contractual Maturities of Long-term Debt

Aggregate future contractual maturities of long-term debt (excluding issue discounts and premiums) were as follows as of June 30, 2017:

 

 

 

 

Year Ended June 30,

    

 

    

 

 

(in millions)

2018

 

$

5.0

2019

 

  

5.0

2020

 

  

5.0

2021

 

  

483.8

2022

 

  

 —

Thereafter

 

  

5,109.9

Total

 

$

5,608.7