FINANCING ARRANGEMENTS (Tables)

3 Months Ended

Sep. 30, 2024

The Company's debt consists of the following:


	Three Months Ended September 30, 2024	Fiscal Year	Balance at September 30, 2024		Balance at June 30, 2024
		2024

	(Average cash interest rate %)		(Dollars in thousands)

Term loan	9.10%	9.68%	$	104,738	$	105,000
Deferred financing fees			(13,728)		(14,244)
Term loan, net			91,010		90,756
Revolving credit facility	9.10%	9.68%	4,326		10,237
Paid-in-kind interest			1,341		53
Fair value of warrants issued to lenders			(1,501)		(1,501)
Total long-term debt, net			$	95,176	$	99,545

- 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