	December 31, 2018			September 30, 2018
Series B term loan, net of original issue discount of $2,618 and $2,712 at December 31, 2018 and September 30, 2018, respectively (excluding the effect of the hedges)	$	1,029,196		$	1,034,288
Receivables financing agreement		140,000			140,000
Financing costs, net		(19,190	)		(20,046	)
Total debt, net		1,150,006			1,154,242
Less: Current portion of long-term debt		10,370			12,963
Long-term debt, net	$	1,139,636			1,141,279

In connection with the KKR Acquisition, the Company and a group of financial institutions entered into a credit agreement (the “Credit Agreement”) dated December 18, 2013. The Credit Agreement consisted of seven-year $1,460,000 term loans (“First Lien Term Loans”) and a five-year $210,000 revolving credit facility. All amounts outstanding under the Credit Agreement were collateralized by substantially all of the assets of the Company. Debt repayments for the First Lien Term Loans totaled $347,050 for the year ended September 30, 2018 and consisted of $10,950 in contractual repayments per the Credit Agreement and $336,100 in voluntary repayments in connection with the IPO.

On August 15, 2018, the Company entered into Amendment No. 5 to the Credit Agreement (the “Amended Credit Agreement”). Under the terms of the Amended Credit Agreement, the Credit Agreement was amended to provide for: (i) a $1,037,000 seven-year term loan (the “Series B Term Loan”) and (ii) a $260,000 five-year revolving credit facility. The Company used the net proceeds from the Series B Term Loan to repay all amounts outstanding under the Company’s First Lien Term Loans. An original discount of $2,775 was incurred when the Series B Term Loan was issued and is being amortized using the effective interest method over the life of the debt, resulting in an effective yield of 2.5%. Debt repayments for the Series B Term Loan consisted of contractual payments per the Credit Agreement and totaled $5,185 for the three months ended December 31, 2018.

The Company has a five-year $260,000 revolving credit facility (the “Revolving Credit Facility”) that matures on August 15, 2023 and bears interest at a rate per annum of LIBOR plus a margin ranging from 2.00% to 2.50%, with the margin determined based on the Company’s first lien net leverage ratio. The Revolving Credit Facility replaces the previous $210,000 revolving credit facility under the Credit Agreement. The Company had no outstanding balance under the Revolving Credit Facility as of December 31, 2018 and September 30, 2018. There were no borrowings under the facility for the three months ended December 31, 2018.

On April 28, 2017, the Company, through a wholly-owned subsidiary, entered into a receivables financing agreement (the “Receivables Financing Agreement”). The Receivables Financing Agreement provides a borrowing capacity of $175,000 through April 27, 2020. All amounts outstanding under the Receivables Financing Agreement are collateralized by substantially all of the accounts receivables and unbilled revenue of the Company. During the three months ended December 31, 2018, there was no activity under the Receivables Financing Agreement. During the three months ended December 31, 2017, the Company borrowed $20,000 against the capacity and voluntarily repaid $3,750.

The following are the scheduled maturities of long-term debt, which do not include any estimated excess cash flow payments:

	December 31,
2019	$	10,370
2020		10,370
2021		10,370
2022		150,370
2023 and thereafter		990,334
Total long-term debt		1,171,814
Less: Current maturities		10,370
Less: Original issue discount		2,618
Less: Financing costs		19,190
Total long-term debt, net	$	1,139,636

The Company has estimated the fair value of its long-term debt to be approximately $1,122,803 and $1,182,152 as of December 31, 2018 and September 30, 2018, respectively. Fair value is based on market bid prices around period-end (Level 2 inputs).