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LONG-TERM DEBT (Tables)
12 Months Ended
Jun. 30, 2018
LONG-TERM DEBT  
Schedule of Debt

As of June 30, 2018 and 2017, long-term debt was as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date of

 

 

 

Outstanding as of

 

 

Issuance or most
recent amendment

    

Maturity

    

Interest
Payments

    

Interest Rate

    

June 30,

2018

   

June 30,
2017

 

 

 

 

 

 

 

 

 

 

(in millions)

Term Loan Facility due 2021

 

Jan 2017

 

Jan 2021

 

Monthly

 

LIBOR +2.00%

 

$

493.8

 

$

498.8

B-2 Term Loan Facility

 

Feb 2018

 

Jan 2024

 

Monthly

 

LIBOR +2.25%

 

 

1,269.3

 

 

1,429.9

6.00% Senior Unsecured Notes

 

Jan & Mar 2015

 

Apr 2023

 

Apr/Oct

 

6.00%

 

 

1,430.0

 

 

1,430.0

6.375% Senior Unsecured Notes

 

May 2015 & Apr 2016

 

May 2025

 

May/Nov

 

6.375%

 

 

900.0

 

 

900.0

5.75% Senior Unsecured Notes

 

Jan, Apr & Jul 2017

 

Jan 2027

 

Jan/Jul

 

5.75%

 

 

1,650.0

 

 

1,350.0

Total obligations

 

 

 

 

 

 

 

 

 

 

5,743.1

 

 

5,608.7

Unamortized premium/(discounts), net

 

 

 

 

 

 

 

 

 

 

11.6

 

 

(3.2)

Unamortized debt issuance costs

 

 

 

 

 

 

 

 

 

 

(59.6)

 

 

(67.8)

Carrying value of debt

 

 

 

 

 

 

 

 

 

 

5,695.1

 

 

5,537.7

Less current portion

 

 

 

 

 

 

 

 

 

 

(5.0)

 

 

(5.0)

Total long-term debt, less current portion

 

 

 

 

 

 

 

 

 

$

5,690.1

 

$

5,532.7

 

Schedule of Debt Instrument Redemption Price

 

 

 

 

 

 

 

 

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, 2018:

 

 

 

 

Year Ended June 30,

    

 

    

 

 

(in millions)

2019

 

$

5.0

2020

 

  

5.0

2021

 

  

483.8

2022

 

  

 —

2023

 

  

1,430.0

Thereafter

 

  

3,819.3

Total

 

$

5,743.1