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Interest Bearing Liabilities (Tables)
6 Months Ended
Jun. 30, 2022
Interest Bearing Liabilities [Abstract]  
Summary of Interest Bearing Liabilities

The following is a summary of interest-bearing liabilities at June 30, 2022:

 

 

 

 

 

 

 

 

 

 

 

 

(in US$ thousands)

 

 

June 30, 2022

 

 

December 31, 2021

 

Weighted Average Interest Rate at June 30, 2022

 

Final Maturity

10.75% Senior Secured Notes

 

$

314,453

 

$

315,000

 

12.14%

(2)

 

2026

ABL Facility

 

 

 

 

 

 

 

 

2024

Discount and debt issuance costs(1)

 

 

(13,505)

 

 

(14,831)

 

 

 

 

 

Total interest bearing liabilities

 

$

300,948

 

$

300,169

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Debt issuance costs incurred on the establishment of the ABL Facility has been included within "Other non-current assets" on the unaudited Condensed Consolidated Balance Sheet.

(2) Represents the effective interest rate.