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Debt (Tables)

6 Months Ended

Jun. 30, 2020

Long-term debt, net, consists of the following as of June 30, 2020 and December 31, 2019:


	June 30, 2020		December 31, 2019
Term Loan due 2027	$	2,194.5	$	—
ABL Revolving Credit Facility	269.9		145.2
Term Loan due 2023	—		2,070.0
9.250% Notes due 2024	—		750.0
12.00%/13.00% Senior PIK Toggle Notes due 2022	—		500.0
10.00% Notes due 2024	—		120.0
Unamortized discount and issuance costs	(33.4)		(117.9)
	2,431.0		3,467.3
Less: Current Portion	(22.0)		—
Total long-term debt, net of current portion	$	2,409.0	$	3,467.3

Schedule of Maturities of Long-term Debt

Contractual maturities of the Company’s debt obligations as of June 30, 2020 are shown below:


	Term Loan		ABL		Short-term borrowings		Total
Remainder of 2020	$	11.0	$	—	$	20.2	$	31.2
2021	22.0		—		—		22.0
2022	22.0		—		—		22.0
2023	22.0		—		—		22.0
2024	22.0		—		—		22.0
2025	22.0		269.9		—		291.9
Thereafter	2,073.5		—		—		2,073.5
Total	$	2,194.5	$	269.9	$	20.2	$	2,484.6

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details