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Senior Notes and Other Long-Term Debt (Tables)
12 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Components of Long-Term Debt

Total long-term debt consisted of the following as of March 31, 2025 and 2024:

 

 

 

As of
March 31, 2025

 

 

As of
March 31, 2024

 

 

 

(In thousands)

 

2022 Term Loan Facility

 

$

680,750

 

 

$

687,750

 

2023 Term Loan Facility

 

 

607,450

 

 

 

613,617

 

Original Inmarsat Term Loan Facility

 

 

300,000

 

 

 

300,000

 

2024 Inmarsat Term Loan Facility

 

 

1,287,000

 

 

 

1,300,000

 

Ex-Im Credit Facility

 

 

19,652

 

 

 

39,304

 

Inmarsat Revolving Credit Facility

 

 

 

 

 

 

Viasat Revolving Credit Facility

 

 

 

 

 

2025 Notes (1)

 

 

442,550

 

 

 

700,000

 

Inmarsat 2026 Notes

 

 

 

 

 

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)

 

 

158,473

 

 

 

26,771

 

Total debt

 

 

7,204,275

 

 

 

7,475,842

 

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

 

 

(168,166

)

 

 

(288,553

)

Less: current portion of long-term debt (1)

 

 

503,825

 

 

 

58,054

 

Total long-term debt

 

$

6,532,284

 

 

$

7,129,235

 

Aggregate Payments on Long-Term Debt Obligations

The estimated aggregate amounts and timing of payments on the Company’s long-term debt obligations as of March 31, 2025 for the next five fiscal years and thereafter were as follows (excluding the effects of discount accretion under the Notes, the Term Loan Facilities and the Ex-Im Credit Facility):

 

For the Fiscal Years Ending

 

(In thousands)

 

2026 (1)

 

$

503,825

 

2027

 

 

334,084

 

2028

 

 

631,682

 

2029

 

 

1,085,049

 

2030

 

 

3,223,016

 

Thereafter

 

 

1,426,619

 

 

 

7,204,275

 

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

 

 

(168,166

)

Total

 

$

7,036,109

 

 

(1) The 2025 Notes were redeemed in full subsequent to fiscal year end.