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Senior Notes and Other Long-Term Debt (Tables)
9 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Components of Long-Term Debt

Total long-term debt consisted of the following as of December 31, 2024 and March 31, 2024:

 

 

 

As of
 December 31, 2024

 

 

As of
 March 31, 2024

 

 

 

(In thousands)

 

2022 Term Loan Facility

 

$

682,500

 

 

$

687,750

 

2023 Term Loan Facility

 

 

610,533

 

 

 

613,617

 

Original Inmarsat Term Loan Facility

 

 

300,000

 

 

 

300,000

 

2024 Inmarsat Term Loan Facility

 

 

1,290,250

 

 

 

1,300,000

 

Ex-Im Credit Facility

 

 

19,652

 

 

 

39,304

 

Inmarsat Revolving Credit Facility

 

 

 

 

 

 

Viasat Revolving Credit Facility

 

 

 

 

 

 

2025 Notes

 

 

442,550

 

 

 

700,000

 

Inmarsat 2026 Notes (1)

 

 

 

 

 

2,075,000

 

2027 Notes

 

 

600,000

 

 

 

600,000

 

2028 Notes

 

 

400,000

 

 

 

400,000

 

Inmarsat 2029 Notes

 

 

1,975,000

 

 

 

 

2031 Notes

 

 

733,400

 

 

 

733,400

 

Finance lease obligations (see Note 1)

 

 

164,409

 

 

 

26,771

 

Total debt

 

 

7,218,294

 

 

 

7,475,842

 

Unamortized discount, debt issuance costs and fair value adjustments made in purchase accounting

 

 

(175,569

)

 

 

(288,553

)

Less: current portion of long-term debt

 

 

506,922

 

 

 

58,054

 

Total long-term debt

 

$

6,535,803

 

 

$

7,129,235

 

 

 

(1)
On October 1, 2024, the Inmarsat 2026 Notes were repurchased and redeemed in full with the net proceeds of the Inmarsat 2029 Notes and cash on hand.