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Debt (Tables)

9 Months Ended

Sep. 30, 2020

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


	September 30, 2020		December 31, 2019
Term Loan due 2027	$	2,189.0	$	—
ABL Revolving Credit Facility	100.0		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	(32.2)		(117.9)
	2,256.8		3,467.3
Less: Current Portion	(22.0)		—
Total long-term debt, net of current portion	$	2,234.8	$	3,467.3

Schedule of Maturities of Long-term Debt

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


	Term Loan		ABL		Short-term borrowings		Total
Remainder of 2020	$	5.5	$	—	$	19.1	$	24.6
2021	22.0		—		—		22.0
2022	22.0		—		—		22.0
2023	22.0		—		—		22.0
2024	22.0		—		—		22.0
2025	22.0		100.0		—		122.0
Thereafter	2,073.5		—		—		2,073.5
Total	$	2,189.0	$	100.0	$	19.1	$	2,308.1

- 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