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Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2020
Long-Term Debt.  
Schedule of long-term debt

 

 

 

 

 

 

 

 

 

 

 

    

Interest

    

 

March 31, 

    

December 31, 

 

 

Rate (1)

 

 

2020

 

2019

First Lien Term Loan

 

6.38

%  

 

$

312,500

 

$

312,500

Senior Credit Facility

 

9.50

%  

 

 

30,000

 

 

 —

Unamortized discount

 

 

 

 

 

(2,951)

 

 

(1,770)

Unamortized deferred financing costs

 

 

 

 

 

(5,659)

 

 

(2,952)

Total Long-term debt

 

 

 

 

$

333,890

 

$

307,778

Less current maturities

 

 

 

 

 

 —

 

 

 —

Long-term debt, net of current maturities

 

 

 

 

 

333,890

 

 

307,778


(1)  Interest Rate on the First Lien Term Loan was 6.38%, and 6.71% as of March 31, 2020, and December 31, 2019, respectively. The interest rate on the Senior Credit Facility, which was entered into on March 6, 2020, was 9.50% as of March 31, 2020.